Florida AG Vows Continued Pursuit Of Firms Collecting Upfront Fees From Homeowners Facing Foreclosure

From a recent newletter from Florida Attorney General Bill McCollum:

• My office has seen a substantial increase in the number of scams based on offers to modify homeowners' loans or rescue them from impending foreclosures. Last year I worked with our Legislature to pass a new law protecting consumers from foreclosure rescue fraud, and my Mortgage Fraud Task Force has already sued several companies for allegedly collecting up front fees and not providing any promised services.

***

• My office will continue to aggressively pursue companies and individuals who are targeting Florida's homeowners and trying to profit from their desperate situations.

For the Florida AG's newsletter, see Saving Florida Homeowners from Foreclosure Rescue Fraud. loan modification