North Carolina AG Suing Foreclosure Rescue Operator
A story of an alleged victim of a foreclosure rescue scam is the subject of a report by WCNC-TV in Charlotte, North Carolina. The scam involved was an upfront fee scam, whereby the operator took a fee of $840 from the homeowner facing foreclosure in exchange for guarantees that the operator would help the homeowner communicate with their mortgage company and refinance the mortgage.
Reportedly, the homeowner got nothing in return. The North Carolina Attorney General's Office received numerous complaints against the operator, Mortgage Assistance of the Carolinas, and are currently suing the company.
To read the story, see Consumer warning: Home foreclosure nightmares.
Click here to watch the WCNC-TV video report.
For a brochure describing the types of foreclosure rescue scams, how they work, and the forms of legal challenges a consumer can make in defending against them, see Saving Older Americans from Foreclosure Rescue Scams.
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Reportedly, the homeowner got nothing in return. The North Carolina Attorney General's Office received numerous complaints against the operator, Mortgage Assistance of the Carolinas, and are currently suing the company.
To read the story, see Consumer warning: Home foreclosure nightmares.
Click here to watch the WCNC-TV video report.
For a brochure describing the types of foreclosure rescue scams, how they work, and the forms of legal challenges a consumer can make in defending against them, see Saving Older Americans from Foreclosure Rescue Scams.
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posted by Home Equity Theft Reporter at 12:06 AM
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