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Attorney General Madigan Files Two Lawsuits in Crackdown on New Form of Mortgage-Related Scam

Chicago–(ENEWSPF)–December 19, 2012. Attorney General Lisa Madigan yesterday sought to crack down on a new form of “mortgage rescue fraud,” filing lawsuits against two companies for preying on struggling homeowners and promising loan assistance while actually adding to their targets’ financial hardship.

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In this new scam, a fairly new variation of mortgage rescue fraud, con artists falsely claim that an audit of a homeowner’s mortgage will identify errors and can reduce a homeowner’s monthly mortgage…

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