Mortgage firm takes advantage of over 1,000 homeowners

A Long Island mortgage brokerage has been shut down by a judge following accusations of “ripping off hundreds of struggling homeowners through loan modification scams.”

It is being alleged that Homesafe America Inc. and its successor corporation, United Solutions Law Firm, scammed over 1,000 homeowners that were facing foreclosure by falsely promising them they would receive mortgage reductions from banks.

Homeowners across the country were charged illegal upfront fees between $1,500 and $4,000.

Click link to view full article at The New York Daily News

Janelle Howell is the Editor and a contributing writer for CompliancEX and a freelance writer based in New York.

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