Foreclosure Rescue Operator To Pay $50K In Restitution, Fines In Deal With Ohio AG; Accused Of Pocketing Upfront Fees, Failing To Deliver On Promises

WHIO-TV Channel 7 in Dayton, Ohio reports:

• One company that offered mortgage help to people facing foreclosure, but didn’t deliver, is being forced to pay restitution by the Ohio Attorney General. The Ohio Attorney General's office said they filed a lawsuit that claimed the American Housing Financial companies promised to help Ohioans facing foreclosure by negotiating loan repayment plans. They routinely misled consumers and didn’t deliver promised services, according to the AG's office. The companies paid more than $50,000 in restitution and fines.(1)

For more, see Mortgage Company Must Pay Restitution.

To view the original lawsuit filed by the Ohio AG, see State of Ohio vs. American Housing Authority, American Housing Financial.

(1) To be eligible for restitution, consumers must have paid American Housing Authority Inc. and/or American Housing Financial Inc. for services on or before Aug. 8, 2005. Consumers also must file a complaint with the state attorney general's office before Oct. 3. Complaints can be filed online at www.ag4ohio.gov or by phone at 1-877-244-6446.