California Real Estate Fraud Report

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16
Jul

Attorney General Brown sues loan modification scammers

Keeping his promise to deal harshly with those who operate loan modification scams, California Attorney General Edmund G. Brown announced that his office is taking legal action against 21 individuals and 14 companies who have victimized desperate homeowners who sought their existence.

If successful, Brown’s legal action will result in millions of dollars in civil penalties against the defendants, restitution to the victims, and permanent injunctions to prevent the defendants from returning to the mortgage “rescue” business.

Read the Full Article on the California Office of the Attorney General website or Examiner.com.

© Copyright 2007-2017 Monique Bryher

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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