State sues lawyers who, it says, defrauded troubled homeowners

Source: E. Scott Reckard, Los Angeles Times (Free Registration)

California Atty. Gen. Kamala Harris has sued four Southern California lawyers and their associates, accusing them of defrauding distressed homeowners at their most vulnerable moment by deceiving them into thinking they would receive relief on their troubled home loans. Harris said the attorneys, their law firms and 14 other individuals and companies listed as defendants had worked together to lure borrowers into paying $4,000 to $10,000 each to be added as plaintiffs in lawsuits against banks. The alleged victims lived in 17 states, including California, where at least 2,500 homeowners were involved, she said.

Read Full Article: State sues lawyers who, it says, defrauded troubled homeowners

 

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housing, mortgages, foreclosures, homeowners, homeownership, homes

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