State AG Gets Temporary Injunction Against Central Florida Loan Modification Firm; Company Banned From Continuing To Pocket Upfront Fees

From the Office of the Florida Attorney General:

• Attorney General Bill McCollum [Monday] announced that his office has obtained a court order temporarily prohibiting an Orlando loan modification company from charging up-front fees to homeowners for loan modification services. According to the order issued by the Orange County Circuit Court, FMA Servicing, Inc. is barred from charging homeowners any fee in advance of providing loan modification services. FMA Servicing must comply with written notice requirements contained in the Foreclosure Rescue Fraud Prevention Act.

For the rest of the Florida AG's press release, see Court Grants Request to Temporarily Stop Loan Modification Company's Up-Front Fees.

For the lawsuit filed earlier this month, see State of Florida v. FMA Servicing, Inc., et al.