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FTC Shuts Down Scads of Phony Mortgage Relief Scammers

Stop Countrywide Mortgage Abuse

The Federal Trade Commission has announced a federal court has entered orders against 22 defendants who offered financially strapped consumers fake home-loan modification services that the FTC claims violated the FTC Act and the Mortgage Assistance Relief Services (MARS) Rule. The MARS Rule bans mortgage foreclosure rescue and loan modification services from collecting fees until … Read more