Friday, October 17, 2008

Washington State AG Settles Civil Charges With Florida Foreclosure Rescue Operator

The Office of the Washington State Attorney General announced earlier this week:

  • The company is now out of business. Owners did not admit any liability, but agreed to a consent decree that prohibits them from engaging in alleged violations in the future. According to the state’s civil complaint and the settlement, filed [Wednesday] in Spokane County Superior Court, United Home Savers advertised to Washington homeowners that the company can rescue homeowners from foreclosure. The company charged $1,200 or more up front and promised a refund if their services weren’t successful.

  • But Assistant Attorney General Jack Zurlini said the majority of homeowners received little or no help, and the company routinely refused or failed to refund money. [...] United Home Savers is also under fire from the Federal Trade Commission in a lawsuit filed in U.S. District Court for the Middle District of Florida.

For more, see Attorney General says United Home Savers is a misnomer (Florida company accused of charging homeowners for empty promises).