I received a notice in the mail claming to represent the former owner of my mortgage loan. The notice was attempting to advise me that I qualify for a mortgage assistance program to lower my payments. I found it fishy so I called the number to learn more details.
The person I spoke to sounded confident but was very hesitant on telling me the name of his company. We agreed on exchanging e-mail addresses and when I got his e-mail I went to the site for details about the company and red flags came up.
Now, I’m curious because there’s no listing of an address. I was going to Google the company name, but because my browser fills in options for complete phrases based on the name, I saw the name come up.
Is The Prudential Law Group (based in California) legitimate or a scam?
If you received an unsolicited mailer for mortgage modification services I would be cautious. So many outfits have been sending out mailers and then selling consumers expensive services to deal with their mortgage issue.
What I find missing in many of these sales pitches is the mention that you can investigate your modification options for free by calling your bank directly or speaking with a local HUD Housing Counselor.
You were right, while the Prudential Law Group website lists their telephone number, 866-920-9081, they do not list a physical street address.
Even the email you forwarded me is silent on this as well. That’s another red flag for me.
The other interesting bit of the email is that it gives you a link to the California Bar client security fund information but does not ask you for money. The only reason I can think of to have this random link there is the request for money is coming.
The email also contains a link to attorney Pamela Gressier. California Bar records actually say Gressier is actually with the firm:
Duarte, Gressier & Menezes, LLP
17215 Studebaker Rd Ste 240
Cerritos, CA 90703
A search of California corporate records could not find any company named Prudential Law Group that is authorized to conduct business.
The last public domain listing for prudentiallawgroup.com on 6-24-2011 says that it was owned by:
Secured Processing Inc.
4500 Campus Dr #235
Newport Beach, California 92692
Nathaniel Ferrer firstname.lastname@example.org
The domain is hosted on the same server with:
My advice, run away, talk to your bank, a HUD Housing Counselor and/or get a second opinion directly from a real estate attorney you proactively select. My spidey-sense is twitching on what I’ve see so far.
Please post your responses and follow-up messages to me on this in the comments section below.