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Legal News

: Lawyers and Settlements

Mortgage Broker Accused of Deceptive Lending

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Chicago, IL: A couple who simply wanted to lower the cost of their mortgage payments has now been forced out of their home. As a result, the Illinois Attorney General has filed a lawsuit against Advantage Mortgage Consulting that alleges the lender used a number of schemes to convince customers that they would pay lower mortgage payments. Instead of mortgage payments going down, the couple, Ozell, 86, and J.W. McBee, 67, says that their payments increased to the point they could not afford their home.

Full post as published by Lawyers and Settlements on March 29, 2008 (boomark / email).

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