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Attorney general sues home loan modification companies

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Indiana Attorney General Greg Zoeller has filed five lawsuits against companies around the country he claims have scammed Hoosiers trying to keep their homes. Since 2006, the AG’s office has filed 110 suits against foreclosure consultant companies.

The companies – Freedom Equity Savings of Ohio; Integrity Mortgage and Credit Solutions of Florida; Provident Law Group Inc. of California; Nationwide Mediation Services of California; and Global Equity Solutions, also know as Peachtree Consultants of Georgia – are accused of violating Indiana’s consumer protection laws and taking more than $11,300 from six customers living in Hamilton, Lake, Marion, Parke and Union counties. The companies promised to reduce the homeowners’ interest rates or monthly payments in exchange for an upfront fee.

Some customers paid as much as $3,000 before realizing there were no changes to their home loans.

The suit claims the companies violated the Credit Services Organization Act, the Mortgage Rescue Protection Fraud Act, the Home Loan Practices Act, and Deceptive Consumer Sales Act. The companies didn’t register a $25,000 surety bond with the AG’s office to conduct business as foreclosure consultants in Indiana.

Because default judgments against these types of companies often don’t end up with the victims receiving any payments for their financial losses, the Consumer Protection Assistance Fund was created by the Indiana Legislature. In April, the fund, which is administered by the AG’s office, paid $22,571 to victims of foreclosure-rescue and/or consumer mortgage fraud. More than 70 victims received payments totaling $60,000 from the fund in December 2011.

The fund is made up of money recovered from those sued by the AG’s office for violating consumer protection laws.

 

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  1. It appears the police and prosecutors are allowed to change the rules halfway through the game to suit themselves. I am surprised that the congress has not yet eliminated the right to a trial in cases involving any type of forensic evidence. That would suit their foolish law and order police state views. I say we eliminate the statute of limitations for crimes committed by members of congress and other government employees. Of course they would never do that. They are all corrupt cowards!!!

  2. Poor Judge Brown probably thought that by slavishly serving the godz of the age her violations of 18th century concepts like due process and the rule of law would be overlooked. Mayhaps she was merely a Judge ahead of her time?

  3. in a lawyer discipline case Judge Brown, now removed, was presiding over a hearing about a lawyer accused of the supposedly heinous ethical violation of saying the words "Illegal immigrant." (IN re Barker) http://www.in.gov/judiciary/files/order-discipline-2013-55S00-1008-DI-429.pdf .... I wonder if when we compare the egregious violations of due process by Judge Brown, to her chiding of another lawyer for politically incorrectness, if there are any conclusions to be drawn about what kind of person, what kind of judge, what kind of apparatchik, is busy implementing the agenda of political correctness and making off-limits legit advocacy about an adverse party in a suit whose illegal alien status is relevant? I am just asking the question, the reader can make own conclsuion. Oh wait-- did I use the wrong adjective-- let me rephrase that, um undocumented alien?

  4. of course the bigger questions of whether or not the people want to pay for ANY bussing is off limits, due to the Supreme Court protecting the people from DEMOCRACY. Several decades hence from desegregation and bussing plans and we STILL need to be taking all this taxpayer money to combat mostly-imagined "discrimination" in the most obviously failed social program of the postwar period.

  5. You can put your photos anywhere you like... When someone steals it they know it doesn't belong to them. And, a man getting a divorce is automatically not a nice guy...? That's ridiculous. Since when is need of money a conflict of interest? That would mean that no one should have a job unless they are already financially solvent without a job... A photographer is also under no obligation to use a watermark (again, people know when a photo doesn't belong to them) or provide contact information. Hey, he didn't make it easy for me to pay him so I'll just take it! Well heck, might as well walk out of the grocery store with a cart full of food because the lines are too long and you don't find that convenient. "Only in Indiana." Oh, now you're passing judgement on an entire state... What state do you live in? I need to characterize everyone in your state as ignorant and opinionated. And the final bit of ignorance; assuming a photo anyone would want is lucky and then how much does your camera have to cost to make it a good photo, in your obviously relevant opinion?

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