Tuesday, March 10, 2009

Orlando Loan Modification, Foreclosure Rescue Firm Shuts Down Amid State AG Probe, Reopens Under A Different Name

In Orlando, Florida, WFTV Channel 9 reports:

  • A foreclosure rescue firm, that Action 9 first exposed last year, is back in business with a new name. Homeowners claim they've been taken for thousands. She was the face of hope---at least many homeowners thought Nanci Hubsch was going to save them from foreclosure. [... One homeowner said] she was told the company ["Fix the Foreclosure"] was HUD government approved to negotiate with lenders to lower monthly payments.---but we found it's not.

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  • Since Action 9 first exposed the company, the Attorney General has launched a formal investigation of unfair and deceptive trade ... But we found Nancy Hubsch has already changed company names---and she's running new ads. Her company is now called the American Housing Counsel---and it's website is HUD rights.com---even though it's not a federal HUD approved agency. It's business address is a virtual office in a downtown tower.

For more, see Action 9 Exposes Foreclosure Company.

Go here for a summary of the allegations regarding AG's probe into Fix the Foreclosure.

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