Florida AG Tags Another Outfit With Lawsuit Alleging The Targeting Of Homeowners In Foreclosure With Illegal Loan Modifications

The Office of the Florida Attorney General (which apparently is not a part of the recently-announced, joint Federal/State "Operation Loan Lies" loan modification scam eradication effort) announced last week:

• Attorney General Bill McCollum [Friday] announced his office has filed a lawsuit against a Central Florida company that allegedly charges homeowners facing foreclosure up-front fees for loan modification services.(1) According to the lawsuit filed today in Orange County, Victor Lopez & Associates and its owners are in violation of Florida’s Foreclosure Rescue Fraud Prevention Act. The company’s office is located in Orlando.

For the Florida AG press release, see Central Florida Loan Modification Company Targeting Hispanics Sued for Mortgage Fraud.

For the lawsuit, see State of Florida v. Victor Lopez & Associates, et al.

Go here to file a complaint against this outfit with the Florida Attorney General's office.(2)

Go here for a list loan modification firms being sued by the Florida AG's office and instructions on filing complaints against them.

(1) An investigation conducted by members of the Attorney General’s Economic Crimes Division, working as part of the Attorney General’s Mortgage Fraud Task Force, indicated that Victor Lopez & Associates was charging up-front fees as high as $2,295 to homeowners seeking loan modification services. Additionally, consumer complaints allege that the company has not performed the promised services and that consumers are unable to contact the company or get refunds.According to the lawsuit, Victor Lopez & Associates targeted the Hispanic community by advertising on Spanish radio and television and conducting the majority of sales transactions in Spanish, but only provided consumers with contracts in English.

(2) The Florida AG's Office is currently suing a number of other outfits, alleging illegal loan modification activity. Click on a company to see a brief description of their questionable business practices, a link to the lawsuit against the firm, and a link to an affidavit and instructions for consumers to fill-out if they have been a victim.

• Three Angels Community Action Network
• FMA Servicing, Inc.
• Lincoln Lending, LLC
• Wineberg, Lopez & Rodriguez
• Mortgage Crisis Solutions Association, LLC
• National Foreclosure Counseling Services Corp.
• Keep Your Property, Inc.