Last month, it was announced that the Consumer Financial Protection Bureau and the Federal Trade Commission were filing nine lawsuits against companies and individuals that collected more than $25 million in illegal advance fees with false promises to prevent foreclosures.
That was on a national level.
At the same time, 15 state Attorney General offices announced an additional 32 actions against foreclosure prevention scammers.
Often in these scams, the scammers offer delinquent homeowners security from mortgage servicers who are seeking to foreclose.
They promise the homeowners home retention, often take fees upfront and do little in return.
The homeowners often still face foreclosure, and receive none of the promised compensation.
Well, as HousingWire can now exclusively reveal, here are those 15 states that are aggressively going after these scammers.
The list was provided by the CFPB, and for the purpose of the list, we gathered some additional information.
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Just back out of hospital in early March for home recovery. Therapist coming today.
Sales fell 5.9% from September and 28.4% from one year ago.
Housing starts decreased 4.2% to a seasonally adjusted annual rate of 1.43 million units in…
OneKey MLS reported a regional closed median sale price of $585,000, representing a 2.50% decrease…
The prices of building materials decreased 0.2% in October
Mortgage rates went from 7.37% yesterday to 6.67% as of this writing.
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