Minnesota AG Charges Two More Firms For Pocketing Upfont Fees From Homeowners Facing Foreclosure; Accused Of Making Empty Loan Modification Promises

In St. Paul, Minnesota, Fox9 reports:

• Minnesota Attorney General Lori Swanson filed lawsuits against two mortgage “foreclosure consultants” Thursday, alleging they targeted homeowners facing foreclosure with “illegal up-front fees” and “empty promises to save their homes.” The lawsuits are against IMC Financial Services and National Foreclosure Counseling Services, both with offices in Florida. With Thursday’s filings, 12 foreclosure consultants have now been sued by the attorney general in the past year.

For more, see Minn. AG Has Sued 12 Foreclosure Consultants in Past Year (Minnesota Attorney General sues two more foreclosure consultants).

See also, Minneapolis Star Tribune: Minn. Attorney General sues foreclosure consultants:

• [Attorney General Lori] Swanson alleges that these companies charged up-front fees of as much as $1,850 for renegotiating mortgage terms.

Go here for Minnesota AG press release: AG Swanson Expands Litigation Against Fraudulent "Foreclosure Consultants" And Issues Warning To Minnesota Homeowners In Mortgage Trouble To Seek Reputable Help And Steer Clear Of Scam Artists. loan modification