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Home / MN: AG Sues 6 Out-of-State Mortgage CompaniesMN: AG Sues 6 Out-of-State Mortgage Companies
Last Updated on Thursday, 17 April 2008 10:02 Written by rslcpol Thursday, 17 April 2008 10:02
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.
This entry was posted on Thursday, April 17th, 2008 at 10:02 am and is filed under Attorney General News.
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