As part of the agency’s continuing crackdown on scams that prey on financially distressed homeowners, the Federal Trade Commission announced legal actions against more than a dozen marketers accused of pitching bogus mortgage modification or foreclosure relief services. FTC settlement orders ban 16 marketers from the mortgage modification or foreclosure relief business.
FTC settlement bans 16 marketers from selling mortgage relief services
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All parties have settled the Sitzer/Burnett suit, so what’s next?
Industry experts discuss the litigation calendar and what real estate agents should focus their energy on now that all parties have settled.