Monday, August 27, 2007

Nebraska State Agency Issues Foreclosure Rescue Advisory

Southwest Nebraska News reports:
  • "Nebraska Department of Banking and Finance Director John Munn issued a consumer advisory today urging Nebraskans facing the possibility of foreclosure on a home mortgage to be cautious when working with foreclosure rescue consultants and companies. Recent inquiries to the Department regarding foreclosure have prompted Department officials to warn Nebraskans of the potential risks associated with foreclosure rescue services."
For more, see Nebraska Department of Banking & Finance Issues Consumer Advisory on Foreclosure Rescue Services.

Postscript

One of the big foreclsoure rescue cases in recent years was litigated in Nebraska, going up to the Nebraska Supreme Court, which ruled in favor of about a dozen victimized homeowners against operator Mid-America Financial Investment Corp., which reportedly operated in the Omaha area. See Foreclosure Rescue Operator Ordered To Return Homes To A Dozen Victims.