Attorney General files suit against Scottsdale loan mod firms
A lawsuit has been filed against a Scottsdale-based Discount Mortgage Relief and Mortgage Relief LLC by the Arizona Attorney General.
The lawsuit alleges the company engaged in deceptive loan modification services. Attorney General Terry Goddard’s office obtained a temporary restraining order against the firms that prevents them from charging or receiving money for loan modifications.
A new Arizona law that prohibits loan modification consultants from collecting upfront fees from homeowners goes into effect on July 29th.
The Attorney General’s office says there could be thousands of victims, according to court documents.
"I am committed to fighting deceptive practices targeted at
homeowners who are struggling to make …
