A follow up on something we brought you earlier this year.  From Legal News Line:

Florida Attorney General Bill McCollum is applauding Gov. Charlie Crist’s signing of a bill designed to prevent “foreclosure rescue” fraud that McCollum had proposed in January. Crist signed the bill on Wednesday.

The legislation, designated as HB 643 during the recently ended legislative session, was drafted in part by members of the AG’s Mortgage Fraud Task Force. It is designed to ensure that homeowners are properly informed about their rights before signing a contract with a foreclosure rescue organization.

McCollum proposed the bill in January after filing a lawsuit against South-Florida based National Foreclosure Management. The suit charged the company with defrauding at least 80 homeowners of about $1.7 million.

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