Thursday, January 15, 2009

Memphis Loan Modification / Foreclosure Rescue Firm Agrees To Temporary Injunction With Tennessee AG; Will Stop Clipping Homeowners For Upfront Fees

In Memphis, Tennessee, Memphis Commercial Appeal reports:

  • According to the temporary injunction agreed to Tuesday by the firm and the attorney general, the firm may not engage in unfair or deceptive business practices, practice law, offer credit services without registering a bond with the state and must tell consumers in writing what services the firm and its people have provided before getting paid.

For more, see Memphis mortgage rescue company agrees to stop 'illegal practices.'

For Tennessee Attorney General Bob Cooper's January 13, 2009 press release, see: Tennessee Foreclosure Rescue Company Enters Agreed Order to Halt Alleged Unlawful Activities.

Posted by Home Equity Theft Reporter at 12:26 PM

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