Florida AG targets companies for preying on homeowners

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Attorney General Bill Lockyer today announced the filing of five consumer protection lawsuits that are part of "Operation Trip Trap," a joint federal-multi-state law enforcement and education campaign to combat travel-related fraud.

A Jacksonville contractor accused of forging signatures of homeowners and mortgage lenders in order to pocket insurance checks told the I-TEAM, "I take full responsibility for any.

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Florida Attorney General Pam Bondi said, "Scamming homeowners worried about losing their homes is not only illegal, it is despicable, and thanks to the great work of my consumer protection division and the consumer financial protection bureau, these defendants will pay for preying on Florida homeowners facing foreclosure.

Often these companies offer guarantees and they represent themselves to be affiliated with the government. After enticing consumers to purchase their services, the companies promise to negotiate new terms for distressed homeowners. Instead, the companies do not deliver any assistance, often leaving homeowners in worse financial situations.

NEW YORK – Attorney General Eric T. Schneiderman today announced a targeted advertising campaign and consumer education initiative to help New York homeowners spot, avoid, and report mortgage rescue scams. mortgage rescue scams prey on homeowners who are in foreclosure or at-risk of foreclosure.

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“This is an epic problem that the economy hasn’t even begun to digest,” said Florida foreclosure. the loans were paid in full. Homeowners who pay off their houses through bankruptcy programs are.

A.G. Schneiderman Sues Long Island & Florida Companies For Defrauding Homeowners In Mortgage Rescue Scheme Court Issues Restraining Order Against Firms As Lawsuit Seeks Restitution For Consumers NEW YORK – Attorney General Eric T. Schneiderman today filed a lawsuit in New York County Supreme Court against four interrelated companies and their.

ADA: New FL law to stop lawsuit abuse useless Office of the Attorney General Attorney General Bill McCollum initiated an agency-wide Mortgage Fraud Task Force in 2007 to combat the pervasive mortgage fraud problem. Under the authority Chapter 501, Florida Statutes, the Office investigates companies suspected of preying on Florida consumers, files lawsuits, and shuts companies down, where

Florida Attorney General Pam Bondi obtained a temporary injunction against two companies for preying on homeowners as part of an elaborate mortgage fraud scheme. Office of the Attorney General Attorney General Bill McCollum initiated an agency-wide mortgage fraud task force in 2007 to combat the pervasive mortgage fraud problem.

Fannie, Freddie loans hit series high in National Mortgage Risk Index Default risk indices for Fannie Mae, FHA, and VA loans hit series highs within the composite, according to AEI. The firm attributes to the consistent monthly increases in risk indices to a substantial shift in market share from large banks to non-bank accounts, since the default risk tends to be greater on loans originated by non-bank lenders.