Nevada Regulator Orders Unlicensed Loan Modification Outfit To Cease & Desist; Says Company Clipped Six Homeowners Out Of $7,550

In Carson City, Nevada, the Las Vegas Sun reports:

• After getting six complaints, the state has issued a stop order against an unlicensed Las Vegas company that has been billing itself as loan and foreclosure consultants. The state Division of Mortgage Lending has filed an administrative complaint against American Home Services and its operators, Erika and Miriam Fimbres.

• The state also seeks a $20,000 fine and is ordering the company to immediately return the fees it collected.

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• From November 2009 through September 2010, the division said American Home and the Fimbreses collected fees totaling $7,550 from six homeowners to obtain mortgage loan modifications or services to stop foreclosures. The complaint says the company and the Fimbreses never applied for a state license.

For the story, see State issues stop order against Las Vegas loan modification company.