Florida mortgage relief firm paying back $2.4 million to settle charges it misled … – Chicago Tribune

WASHINGTON (AP) — Federal regulators say a Florida company they accused of misleading borrowers who were seeking to avoid foreclosure has agreed to repay the consumers $2.4 million to settle those charges …
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More Mortgage Stuff:

FTC bans 8 marketers from selling mortgage relief – Daily Oklahoman
WASHINGTON — Federal regulators have banned eight individuals and companies from selling mortgage-relief services, settling charges that they used false advertising to deceive homeowners facing foreclosure. The Federal … Go to Source…

Owner of mortgage rescue firms to pay $805,000 to settle fraud case in New Jersey – Washington Examiner
TRENTON, N.J. — State officials say the owner of several loan modification companies in New Jersey has agreed to pay $805,000 to settle charges that he defrauded struggling homeowners. Attorney General Paula Dow says Stephen Pasch also agreed to stay out … Go to Source…

Mortgage lender settles N.C. fraud charges for $4.5M – WRAL
RALEIGH, N.C. — A Texas-based mortgage lender has agreed to replace its namesake chief executive and pay $4.5 million to settle North Carolina allegations the company pushed home buyers into mortgages they couldn’t … Go to Source…

Wells Fargo to pay $24M to end mortgage probe by 8 states, including Nevada – msnbc.com
WASHINGTON (AP) — Wells Fargo has agreed to pay $24 million to end an investigation by eight states, including Nevada, probing whether the company made risky mortgages to consumers without disclosing their perils. The states charged that loans known as … Go to Source…

Florida Home Equity Loan
In the recent wake of tourism events in Florida, it’s hard to believe that you should have a hard time getting an attractive Florida home equity loan. After all, residents are selling properties and tourists are clamoring to get in and perpetually reside there. About 60 million tourists visit the state every year. Warm weather and hundred of miles of immaculate white beaches paved the way heavily …

Mortgage Companies Settle Suits on Military Foreclosures – New York Times
Two mortgage servicing companies have agreed to settle federal complaints that they wrongfully foreclosed on the homes of at least 178 military service members and to set aside a minimum of $22 million to compensate those victims. The Justice Department … Go to Source…

Bogus Mortgage Modifiers Fined Nearly $19 Million – Walletpop.com
A trio of con artists will pay $18.8 million to settle Federal Trade Commission charges that they and their company swindled homeowners struggling to make their mortgage payments. Sean Zausner, David Zausner, David J. Feingold and First Universal Lending … Go to Source…

SEC eyes charges against mortgage bond players – WSJ – Reuters
May 13 (Reuters) – Settlement agreements being hammered out by U.S. securities regulators and securities firms accused of fraud in mortgage bond deals are likely to include civil charges against at least one person connected to each deal, the Wall Street … Go to Source…

Upside Down Florida Helps Floridian Home Owners Stay in their Homes
Website Dedicated to Helping Floridians: Find Mortgage Solutions, Avoid Foreclosure, Modify Adjustable Rates and Save Their Homes Miami Beach, Florida — March 31, 2008 — The current mortgage and financial meltdown is still young; but relief is in the works for Floridians at Upside Down Florida. With its combined 50 years of business and real estate experience, Upside Down Florida is working with…

Upside Down Florida Helps Floridian Home Owners Stay in their Homes
Website Dedicated to Helping Floridians: Find Mortgage Solutions, Avoid Foreclosure, Modify Adjustable Rates and Save Their Homes Miami Beach, Florida — March 31, 2008 — The current mortgage and financial meltdown is still young; but relief is in the works for Floridians at Upside Down Florida. With its combined 50 years of business and real estate experience, Upside Down Florida is working with…

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