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20 gru 2022 · Erroneously denying mortgage loan modifications. Wrongfully freezing or closing customers' accounts. Those are some of the infractions allegedly committed by Wells Fargo that has led the bank...
9 sty 2024 · The FTC is sending payments totaling more than $1.2 million to 6,261 people who paid fees to Consumer Defense in a deceptive mortgage loan relief scam. The scam used several business names including Preferred Law, American Home Loans, and Modification Review Board.
20 gru 2022 · WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) is ordering Wells Fargo Bank to pay more than $2 billion in redress to consumers and a $1.7 billion civil penalty for legal violations across several of its largest product lines.
26 sie 2024 · A total of 322 distressed borrowers that a law firm with ties to disbarred attorney Michael Lanier took money from in loan modification scams will receive more than $222,000 in refunds, according to the FTC. Checks paid to these borrowers must be cashed within 90 days.
The Federal Trade Commission is sending a third round of checks totaling more than $250,000 to victims of a mortgage modification scheme dating back to 2009. The FTC began mailing refunds in this matter in 2012. In total, the FTC has distributed more than $900,000.
11 sty 2024 · People who paid for loan mod services in violation of the Mortgage Assistance Relief Services Act will receive a total of more than $1.2 million, the FTC said. Each of the 6,261 consumers will receive a $201.34 check.
