Wednesday, July 15, 2009

Illinois suits target mortgage scams

Tribune:
The Illinois Attorney General's office filed lawsuits [in Cook County Circuit Court] against several companies Wednesday, alleging they violated the Illinois Mortgage Rescue Fraud Act.
...
In each suit, Atty. Gen. Lisa Madigan charged that the companies collected upfront fees for the promise of helping borrowers negotiate with mortgage lenders then failed to perform any services.

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