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Homeowners across the U.S. are being targeted in a sophisticated scam in which callers pose as mortgage lenders to defraud people out of hundreds of thousands of dollars, the Federal ...
Many of these cases have lead to class action lawsuits and proceedings by the Federal Trade Commision (FTC), resulting in a number of settlements worth millions — or even billions — of dollars ...
Wanted: a real estate scam victim willing to talk to the law. Oklahoma County Assessor Larry Stein is looking for someone who has been scammed online a certain way to come forward so law ...
In October 2019, The Mercury News reported that Cooley LLP, Holmes's legal team in a class-action civil case, requested that the court allow them to stop representing her, stating that she had not paid them in a year for services, and that "given Ms. Holmes's current financial situation, Cooley has no expectation that Ms. Holmes will ever pay ...
Additionally, the company was required to stop issuing new loans and stop attempts to collect on certain loans. The action was taken to resolve a September 2021 lawsuit that alleged LendUp practiced illegal and deceptive marketing in violation of the 2016 finding. [18] It ceased loan operations in January 2022. [18]
In response, a lawsuit seeking class action status was filed against UWM and Ishbia in 2021. [17] A year later, United Wholesale Mortgage filed a lawsuit against America’s MoneyLine for continuing to do business with Rocket Mortgage in breach of its agreement; America's MoneyLine filed a countersuit against the company shortly after. [18]
Key takeaways. In May 31,2023, the Consumer Financial Protection Bureau ordered OneMain Financial to pay $20 million for deceiving and misleading some 25,000 consumers.
Critics on TikTok and other social media say Zillow, and others like it, is driving up real estate prices. Zillow responds to viral Tik Tok video claiming housing market manipulation [Video] Skip ...