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9 sty 2024 · The Federal Trade Commission is sending more than $1.2 million in refunds to consumers who lost money to Consumer Defense, a deceptive mortgage modification scheme. The FTC is sending payments to 6,261 consumers, who will receive $201.34 each.
14 gru 2023 · The new rules as adopted could bring a wave of lawsuits against those using the so-called “lead gen loophole,” which includes mortgage lenders, insurers and law firms.
1 mar 2023 · A landmark new report published today puts forward costed solutions to the horror of the situation facing up to 200,000 mortgage prisoners, who have been trapped on high rates after their loans were sold by the state to 'closed book' inactive lenders.
21 godz. temu · Published November 1, 2024 at 2:29 PM PDT. The Massachusetts AG is cracking down on a company collecting on "zombie second mortgages" -- old loans that homeowners thought were dead but rise from the grave. People are losing houses over them.
adopted new rules to further protect consumers from scam communications by directly addressing some of the biggest vulnerabilities in America’s robotext defenses and closing the “lead generator” robocall/robotexts loophole.
2 maj 2024 · More homeowners are reporting mortgage scam attempts as fraudsters “pray on uncertainty” to try and get money from worried homeowners, data shared exclusively with i shows.
12 maj 2022 · The FCA has found that, of the 195,000 mortgages in the inactive firm closed book population, there are around 47,000 whose borrowers meet its definition of a mortgage prisoner on the grounds that they are unable to switch and would likely benefit from doing so.
