Mortgage Daily

Published On: June 23, 2010
Lawsuits about mortgage advertising, bait and switch ads, deceptive ads and do-not-call violations.

 

Defendant
Plaintiff
Court
Amount
Overview
Case Title
Case Number
Date Filed Link to Story
Advantage Credit Repair LLC and owner Mark D. Solomon Federal Trade Commission na $226,794 Settlement over alleged up-front fees. Federal Trade Commission v. Advantage Credit Repair LLC and Mark D. Solomon Civil Action No. 1:08-CV-05994, FTC File No. 082 3223 10/28/2008 www.mortgagedaily.com/Litigation032910.asp
American Advisors Group Inc. and its President Reza Jahangiri People of the State of Illinois, by Attorney General Lisa Madigan Circuit Court of Cook County, Illinois na A U.S. District Court Judge ruled against HSBC Mortgage where the lender allegedly denied employment to an applicant because of a misdemeanor charge against the applicant that was subsequently dropped. na na na www.mortgagedaily.com/Litigation020910.asp
Hartland Mortgage Centers People of the State of Illinois, by Attorney General Lisa Madigan Circuit Court of Cook County, Illinois na Defendant allegedly falsely implied ongoing ownership in the property even though HECM lenders can foreclose if requirements such as paying property taxes and maintaining the home are not met. In addition, direct mail solicitations falsely implied that seniors could be eligible for government benefits though they were actually advertising reverse mortgage programs. People of the State of Illinois v. Hartland Mortgage Centers 2010-CH-05339 February 8, 2010 www.mortgagedaily.com/Litigation020910.asp
U.S. Foreclosure Relief Corp. Federal Trade Commission U.S. District Court Central District of California $8,600,000 Settlement in case where defendants allegedly claimed fraudulent success rates on modifications. FTC, the People of the State of California, and the State of Missouri v. US Foreclosure Relief Corp., a corporation, also d/b/a U.S. Foreclosure Relief, Inc., Lighthouse Services, and California Foreclosure Spcecialists, George Escalante, individually and as an officer of U. S. Foreclosure Relief Corp., Cesar Lopez, individually and also trading and doing busines as H.E. Service Company Civil Action No. 09-CV-768, FTC File No. 0923120 na www.mortgagedaily.com/LitigationForeclosureFirms033110.asp

 

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