Today is Sunday, 17th November 2024

MN: AG Sues 6 Out-of-State Mortgage Companies

Six out-of-state companies are being sued by Minnesota’s attorney general over claims they took advantage of people trying to keep their homes out of foreclosure.

A series of lawsuits that Attorney General Lori Swanson has filed in Hennepin County District Court say the firms violated a Minnesota law by asking for upfront fees for the mortgage advice. The cases allege they failed to deliver on their promises, too.

She says a 2004 law bars foreclosure consultants from charging consumers until after they have fully performed their duties.

Read the Rest… 

Leave a Reply


You must be logged in to post a comment.

Share this Story on Facebook

Main Menu

Top