Alleged mortgage modification scams halted by CFPB

Federal judges in California agreed to shut down a pair of mortgage loan modification operations the Consumer Financial Protection Bureau said ripped off thousands of struggling homeowners. The bureau said the operations together took in more than $10 million by charging consumers for services that falsely promised to prevent foreclosures or renegotiate troubled mortgages.

The courts ordered a halt to operations involving the Gordon Law Firm and the National Legal Help Center, freezing the businesses’ assets while the CFPB moves forward with the cases.