Preferred Law Loses Mortgage Relief Scam Ruling to FTC

The U.S. District Court for the District of Nevada has ruled in favor of the Federal Trade Commission in a case against the operators of a scheme that deceived financially distressed homeowners by falsely promising to make their mortgages more affordable. The defendants also charged consumers illegal advance fees and unlawfully told consumers not to … Read more

Mortgage Relief Defendant Banned from Debt Relief Business in Settlement with FTC

Benjamin R. Horton is banned from the debt relief business under a settlement with the Federal Trade Commission for his role in a mortgage relief scheme that falsely promised financially distressed homeowners foreclosure prevention and more affordable mortgage payments. According to the FTC, the operation typically charged consumers $3,900 in unlawful advance fees and touted … Read more

FTC Halts Deceptive Mortgage Loan Modification Scheme

The Federal Trade Commission has charged a mortgage loan modification operation with deceiving financially distressed homeowners by falsely promising to prevent foreclosure and make their mortgages more affordable. A federal court temporarily halted the scheme and froze the defendants’ assets at the FTC’s request. According to the FTC, the defendants typically charged consumers $3,900 in … Read more

Host of Debt Relief Companies Sued by FTC Under Sealed Complaint

On January 8, 2018, the Federal Trade Commission filed suit against Consumer Defense, Consumer Link, Prefered Law, American Home Loan Counselors, American Home Loans, Consumer Defense Group, Modification Review Board, Brown Legal AM Property Management, FMG Partners, Zinly, Jonathan Hanley, Benjamin Horton, and Sandra Hanley. The Defendants, in this case, are names I recognize from … Read more