Monday, February 02, 2009

Housing Non-Profit Files Trademark Complaints Targeting Loan Modification, Foreclosure Rescue Firms

In Washington, D.C., NeighborWorks America(1) announced today:
  • Today NeighborWorks® America announced that it filed two trademark complaints with online search engines in an attempt to protect consumers from falling prey to foreclosure rescue scams. The trademark complaints filed by NeighborWorks sought to remove online ads paid for by so-called mortgage rescue companies that used the NeighborWorks name and logo and offered foreclosure help for a fee. The companies have no affiliation with NeighborWorks.

  • The trademark complaints were the latest of NeighborWorks’ efforts to help ensure that homeowners in danger of foreclosure receive the help they need to avoid foreclosure.

For the rest of the press release, see NeighborWorks America Works to Thwart Foreclosure “Rescue” Scams (Offers Consumers Tips to Avoid Being Scammed).

Go here for more from NeighborWorks on avoiding loan modification, foreclosure rescue scams.

(1) NeighborWorks America is a national nonprofit organization created by Congress to provide financial support, technical assistance, and training for community-based revitalization efforts.