Court shuts down alleged sham mortgage relief operation in California

The suit claims that the companies violated laws and regulations including the Mortgage Assistance Relief Services Rule, the California Consumer Financial Protection Law, FTC ACT, and the Covid-19 ... Read More

Federal Court Shutters Sham Mortgage Relief Operation – NMP - National Mortgage Professional

A federal court in California has temporarily shut down several companies owned by two men who federal and state regulators say were offering “sham mortgage relief” programs, costing consumers ... Read More

Federal court shuts down phantom debt scheme - ConsumerAffairs

Federal court shuts down phantom debt scheme. ... you agree to sign up for consumer news, ... Company NMLS Consumer Access #2110672 MORTGAGE BROKER ONLY, ... Read More

Foreclosure rescue scam shut down by FTC - CBS News

Calling it a "massive fraud," the Federal Trade Commission won a court order to shut down an operation that allegedly duped homeowners facing foreclosure into paying money while getting nothing in ... Read More

California judge bans ‘sham mortgage relief operation,’ issues $19M penalty - HousingWire

California judge bans ‘sham mortgage relief operation,’ issues $19M penalty In a lawsuit brought by state and federal regulators, Home Matters USA has been barred from the telemarketing and ... Read More

SIGTARP Continues Shut Down of Sham Loan Mod Firms on Yahoo and Bing

The U.S. Office of the Special Inspector General for the Troubled Asset Relief Program (SIGTARP) has announced that it has shut down additional online loan modification scams that prey on vulnerable ... Read More

Supreme Court Shuts Down Biden's Student Loan Debt Relief Plan - Again - MSN

After killing an initial plan to wipe away $400 billion in student debt in 2023, the Supreme Court has maintained a temporary block on President Joe Biden's newly amended approach to providing ... Read More

FTC Shuts Down Fraudulent Debt-Relief Operation

A federal court judge in Florida has banned the defendants behind an alleged credit card interest rate reduction scam from selling debt-relief service and telemarketing any services. The order to shut ... Read More

FTC shuts down transnational student loan scam - ConsumerAffairs

The Federal Trade Commission (FTC) has reached a sweeping settlement with the operators of a transnational student loan debt relief scam, permanently banning them from the debt relief industry and ... Read More

US securities regulator shuts down 'sham' marijuana offering

The U.S. Securities and Exchange Commission (SEC) on Tuesday said it obtained an order to shut down an alleged Ponzi-like scheme run by two individuals who raised nearly $62 million from investors ... Read More

Supreme Court Shuts Down Biden’s Student Loan Debt Relief Plan — Again - Yahoo

After killing an initial plan to wipe away $400 billion in student debt in 2023, the court has placed a temporary block on an amended approach to assist certain types of borrowers News Today's news ... Read More