Tag: mortgage

What happens when you pay someone who says they’re going to help you, and they don’t? Well, in the case of HOPE Services, the FTC came calling.

Here’s the story: According to the FTC, a group of companies and individuals doing business as...

The Federal Trade Commission and Consumer Financial Protection Bureau don’t play games when it comes to making loan servicers pay for illegal and unscrupulous behavior. Case in point: Green Tree Servicing LLC.

Today, the FTC and CFPB...

When struggling homeowners paid thousands of dollars in upfront fees to Wealth Educators, Inc., they expected help avoiding foreclosure. Although the “law firm” was quick to take their money, it did little or nothing to help save their homes,...

Mortgage discrimination is against the law. That’s important to know if you’re thinking about applying for a mortgage to buy, refinance, or make improvements to your home.

If you’re in the market for a mortgage, the Federal Trade Commission...

If you’ve ever shopped for a mortgage, you know it takes time to sort through competing ads. If an online ad claimed you could “save up to $2,000 a year,” lower your mortgage payment with “no credit check,” or refinance your mortgage for free...

If you’re a homeowner who is struggling to pay the mortgage, a website, phone call or mailer that offers to reduce your mortgage payment by several hundred dollars a month sounds awfully tempting. Unfortunately, it could turn out to be just plain...

If you’re looking for a mortgage, ads for “$0 money down” may be tempting. But if they hide fees or don’t disclose the true terms of the deal, they’re misleading, and they violate the law. In fact, the FTC recently settled charges with a...

The FTC sues companies that make deceptive claims about their products or services. When we settle a case we try to get refunds for consumers who lost money, if that’s possible.

Following a recent settlement with Prime Legal Plans LLC, the...

Getting a low interest rate on your mortgage can make a big difference in your household finances, and the internet can be a good way to compare the rates offered by various lenders. The FTC’s case against GoLoansOnline.com shows the value of...

Do you ever wonder how fraud varies from place to place? Why what’s big in one community might not have reached another? The FTC wonders these things. Then we go find out what’s going on – like we did last week in North Carolina, where the...

Pages