Idaho AG, Foreclosure Rescue Operator Reach Legal Settlement

(originally posted 10-14-07)
From the Idaho Attorney General's Office:

• Highland Financial, a Post Falls business that offers mortgage foreclosure rescue services, will change its business and advertising practices, Attorney General Lawrence Wasden said. Under the terms of a legal settlement, Highland Financial agrees to comply with the Idaho Consumer Protection Act in its future advertising and promotions. [...] Highland Financial advertised that it could help financially distressed consumers end the “stress,” “worries,” and “hassles” of foreclosure, bad credit, and eviction. The Attorney General alleged the company failed to make certain disclosures and may have misrepresented to homeowners that they could help homeowners retain ownership of their homes and improve their credit when that was not the case.

For more, see Idaho AG press release - Wasden Reaches Settlement with Highland Financial.

See also, Post Falls foreclosure rescue firm settles with Idaho A.G. (Idaho Business Review).