Alleging that the defendants made false claims and provided misleading information to distressed homeowners, the Federal Trade Commission (FTC) recently charged a mortgage relief operation with eight counts of violating federal law.
The agency filed a complaint in federal court alleging charges against three companies and multiple individuals for deceiving consumers with false promises to make their mortgages more affordable and prevent foreclosure. A federal court temporarily stopped the scheme and froze the defendants’ assets at the FTC’s request.
Find out more details about what statutory violations the agency alleged in its complaint.