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FTC, California take action to shut down mortgage-relief scheme
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Case Law, Consumer Protection, Government Oversight, Nonbank Financial
Friday, October 14, 2022
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The Federal Trade Commission and the California Department of Financial Protection and Innovation have shut down various companies operating “sham” mortgage-relief operations which led to consumers losing millions.
The action targeted four companies, as well as the two individuals who own them.
Read on for more details.
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