Sunday, October 31, 2010

Indiana AG Tags Ten Outfits In Separate Suits For Running Alleged Loan Modification Rackets

From the Office of the Indiana Attorney General:

  • Many homeowners facing foreclosure who are frustrated with their loan servicers turn to for-profit foreclosure consultants whose advertisements often promise any home can be saved from foreclosure and their services are 100% guaranteed. Indiana Attorney General Greg Zoeller [] announced the filing of 10 lawsuits against companies(1) making such claims calling them false and illegal, [...].

For more, see State files lawsuits against 10 foreclosure consultants (Indiana Attorney General Greg Zoeller urges Hoosiers to avoid foreclosure rescue scams).

(1) The ten lawsuits, filed in various counties statewide, target the following outfits:

  • Colonial Financial Solutions, of New Jersey,
  • Pierce, Taylor, & Budrow, of Florida,
  • American Lending Review, of California,
  • National Future Mortgage, of New Jersey,
  • Oceanview Investment Services, of Florida,
  • US Homeowners Relief, of California,
  • Integrated Financial Solutions, of New Jersey,
  • Meridian Law Center, of California,
  • Manhattan Mitigation, of New York,
  • Fair Lending Review, of Nevada.

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