Mortgage Aid firm betrayed home owners with guarantee to stop foreclosure and save their homes from foreclosure will refund $2.4 million to home owners as part of agreement with Federal Trade Commission or FTC. FTC complained Home Assure LLC performed a countrywide marketing campaign planned to help struggling homeowners by providing mortgage foreclosure rescue services.
The home owners are charged $1,500 to $2,500 as fees by Home Assure LLC. The company agents wrongly asserted special relationships with lenders to obtain favorable loan changes or stop foreclosure. The company aided lot of home owners to stop foreclosure or avoid foreclosure.
The company did little or nothing to help home owners avoid foreclosure. In many cases the company rejected to give refund because home owners not meet the terms of contract for refund and sometimes without any explanation. In judgment the company is permanently barred from mortgage loan modification and foreclosure relief services.
The home owners are charged $1,500 to $2,500 as fees by Home Assure LLC. The company agents wrongly asserted special relationships with lenders to obtain favorable loan changes or stop foreclosure. The company aided lot of home owners to stop foreclosure or avoid foreclosure.
The company did little or nothing to help home owners avoid foreclosure. In many cases the company rejected to give refund because home owners not meet the terms of contract for refund and sometimes without any explanation. In judgment the company is permanently barred from mortgage loan modification and foreclosure relief services.
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