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Mortgage Relief Operation Allegedly Bilked Homeowners Out Of $6.3M

Operation promised to help distressed homeowners negotiate with lenders to lower their interest rates, monthly payments or principal amounts. ....

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Borrowers lost over $6M in mortgage modification scam, regulators say

The filing is the first joint action by the Federal Trade Commission and California Department of Financial Protection and Innovation to rely, in part, on the enforcement of the state's 2020 consumer protection law. ....

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