Another Upfront Fee Foreclosure Rescue Operator Faces The Heat As Ohio AG Files Civil Suit Alleging Violations Of Multiple State Laws
- In a continuing effort to fight consumer fraud fueled by the mortgage foreclosure crisis, the Ohio Attorney General filed a lawsuit Monday to stop a mortgage rescue scam from victimizing consumers in Auglaize, Hancock and Wood counties.
- The action alleges that Dwelling Assurance, Inc., and its owner, Nancy Schmidt of Lima, violated Ohio’s consumer protection laws by engaging in unfair and deceptive practices. The complaint alleges violations of the Ohio Consumer Sales Practices Act, the Credit Services Organization Act, the Debt Adjusters Act, and the Home Solicitation Sales Act [sections 1345.21 to 1345.28 of the Ohio Revised Code].
- The lawsuit is based on consumers who complained that Schmidt and Dwelling Assurance led them to believe that they could help save their homes. Instead, the complaint alleges the defendants took the homeowners’ money up front, without performing any services to stop the foreclosures.
For more, see Attorney General sues mortgage rescue company.
To view the lawsuit, see State of Ohio v. Schmidt.
<< Home