SunTrust to Pay For Faulty Foreclosures

Settlement includes cash payments of $2 million, $21.5 million in other relief for NC consumers By Jeff Sorg, OnlineEd Blog (December 9, 2015) –  Cash payments of nearly $2 million are on the way to approximately 1,400 North Carolina mortgage borrowers who were wrongly foreclosed on by SunTrust, Attorney General Roy Cooper said Friday. “This is

CFPB and State of Florida Obtain $27.7 Million Judgment Against Foreclosure Relief Scam

WASHINGTON, D.C. — Today, the Consumer Financial Protection Bureau and the State of Florida were granted a final judgment against the Hoffman Law Group and corporate affiliates accused of using deceptive marketing practices and scamming distressed homeowners into paying illegal advance fees. Working together, five companies tricked consumers into paying millions of dollars in illegal upfront

Enforcement Agencies Continue To Fight Loan Modification, Mortgage Relief, and Foreclosure Rescue Scams

Consumers warned not to pay upfront fees, and victims urged to file complaints (SACRAMENTO, California Department of Real Estate) – The California State Department of Real Estate (DRE) and other law enforcement agencies have alerted and continue to warn consumers to be wary of promises for loan modification, mortgage relief, and foreclosure rescue as scammers continue