California based loan modification company closed its work in Oregon over the suspected charging of illegal fees said in a report by Oregon Attorney General John Kroger.
The Premier Legal Advocates charged advance fees for loan modification services that it not at all performed. As per the agreement the company will pay $4,000 to the Oregon Department of Justice, repay a consumer $2,400 and planned to pay any other Oregon customer who paid advance fees.
Premier declared no misconduct but planned to stop foreclosure consulting or loan modification work in the state. This office will not tolerate companies that attempt to exploit Oregon homeowners who are facing foreclosure said in a report Deputy Attorney General Mary Williams said.
This is the latest agreement by the Oregon Department of Justice and the Oregon Department of Consumer and Business Services to protect Oregonians from widespread mortgage rescue fraud and abuse.
The Premier Legal Advocates charged advance fees for loan modification services that it not at all performed. As per the agreement the company will pay $4,000 to the Oregon Department of Justice, repay a consumer $2,400 and planned to pay any other Oregon customer who paid advance fees.
Premier declared no misconduct but planned to stop foreclosure consulting or loan modification work in the state. This office will not tolerate companies that attempt to exploit Oregon homeowners who are facing foreclosure said in a report Deputy Attorney General Mary Williams said.
This is the latest agreement by the Oregon Department of Justice and the Oregon Department of Consumer and Business Services to protect Oregonians from widespread mortgage rescue fraud and abuse.
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