Three businesses and five people have been sued by Colorado Attorney General John Suthers for allegedly defrauding homeowners through deceptive foreclosure rescue schemes. The civil lawsuits allege that consumers facing foreclosure were approached by the defendants with a proposal to save their homes. The defendants allegedly promised to use the equity in the homes to halt the foreclosures and, in some cases, to make improvements to the property, Suthers said.
Colorado AG files suit against alleged deceptive foreclosure rescue schemes
Most Popular Articles
Latest Articles
New HUD rule aims to increase lender participation in tribal housing program
HUD says the new rule is designed to increase and streamline Native American borrowers’ access to homeownership.
