Items Tagged with 'foreclosure rescue scams'

ARTICLES

  • Florida law firm accused of preying on Hispanic homeowners in foreclosure rescue scam

    DOJ accuses Advocate Law Groups of Florida of running predatory loan scheme
    The Department of Justice this week filed a lawsuit against Advocate Law Groups of Florida, Jon Lindeman, and Ephigenia Lindeman, accusing the firm and the Lindeman’s of violating the Fair Housing Act by “intentionally discriminating against Hispanic homeowners by targeting them with a predatory mortgage loan modification and foreclosure rescue services scheme.”
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  • Former owner of foreclosure rescue business admits to stealing borrowers’ homes, equity

    Convinced struggling borrowers to sign over title, then stole their equity
    The former owner of a California foreclosure rescue firm admitted in court last week to stealing struggling borrowers’ homes during the housing crisis. According to court documents, Sergio Barrientos convinced struggling borrowers to sign away the title to their homes, then spent any equity those homeowners had saved.
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  • FTC shuts down "appalling" multi-million dollar mortgage relief scam

    Law firms accused of falsely promising rescue from foreclosure
    The Federal Trade Commission halted a massive mortgage relief scheme perpetrated by a series of law firms, which falsely promised to help struggling homeowners save their homes in exchange for hundreds or thousands of dollars in legal fees. One senior FTC official called the scheme "appalling."
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