Arizona goes after loan modification company
Not because they look hispanic….
Arizona Attorney General Terry Goddard filed a lawsuit Wednesday against Discount Mortgage Relief and Mortgage Relief LLC in Scottsdale, alleging its principals engaged in deceptive loan modification services that may have duped thousands of victims.
The Attorney General’s Office also secured a temporary restraining order to prevent the Scottsdale companies that do business under both names from charging or receiving money for loan modification services or advertising their services.
The lawsuit alleges that, at least since July 2009, the mortgage companies have deceived consumers into paying thousands of dollars for mortgage loan modification services by misrepresenting their ability to help those consumers obtain mortgage relief and save their homes, a violation of the Arizona Consumer Fraud Act.
Consumers allegedly paid Discount Mortgage Relief and Mortgage Relief approximately $1,350 to $5,000 each for loan modification services and were guaranteed results.
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