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Article: ATTORNEY GENERAL COX CHARGES FIVE FOR FORECLOSURE RESCUE FRAUD

Article from:
US Fed News Service, Including US State News
Article date:
July 16, 2009
Copyright

LANSING, Mich., July 15 -- The Michigan Attorney General issued the following news release:

Attorney General Mike Cox today announced that his office has filed 18 charges against four companies and one individual for committing foreclosure rescue fraud. Cox also issued warnings to 17 companies regarding complaints from residents about their practices. Michigan law prohibits "foreclosure rescue" companies, which provide foreclosure advice, from making misleading or false statements, or charging service fees before any service is completed.

"Preying on residents in the process of losing their homes is not only shameful, it's illegal," said Cox. "Today we are sending a message that mortgage ...

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