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Home / TX: AG Gets Refund For Mortgage Rescue VictimsTX: AG Gets Refund For Mortgage Rescue Victims
Last Updated on Monday, 14 April 2008 09:39 Written by rslcpol Monday, 14 April 2008 09:39
Texas Attorney General Greg Abbott has secured an order that requires Foreclosure Assistance Solutions Inc. to refund $370,000 to 338 homeowners.
The company, which offered a mortgage rescue service, sought out consumers who were behind on their mortgage payments.
They charged struggling homebuyers a $1,200 fee to negotiate with loan officers and lenders to help them from lapsing into foreclosure.
The state alleges that after consumers paid Foreclosure Assistance Solutions Inc. they were largely ignored by the company.
This entry was posted on Monday, April 14th, 2008 at 9:39 am and is filed under Attorney General News.
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