Wednesday, December 16, 2009

Idaho Joins Nationwide Federal/State Effort To Slam Upfront Fee Loan Modification Rackets

From the Office of the Idaho Attorney General:

  • Attorney General Lawrence Wasden joined the Federal Trade Commission and 26 other state and federal regulatory agencies in Operation Stolen Hope, a nationwide enforcement and consumer education effort to combat foreclosure rescue fraud. [...] Wasden recently filed a lawsuit against a Kootenai County mortgage modification company, APS Northwest Idaho LLC, for numerous violations of the Idaho Consumer Protection Act. A similar lawsuit against Coeur d’Alene based Apply 2 Save is pending, although the now-closed company is in bankruptcy. The Attorney General also reached a separate settlement with a former Apply 2 Save executive.

For the Idaho AG press release, see Idaho Joins Operation Stolen Hope.

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