Loan Modification Scam Prevention Network Spotlight

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The Lawyers' Committee for Civil Rights Under Law (Lawyers' Committee) has filed a lawsuit in Los Angeles County, California against Platinum Law Group, a network of for-profit loan modification companies on behalf of eight California homeowners.  Baker v. Platinum Law Group is the Lawyers’ Committee’s fourteenth loan modification scam lawsuit filed nationwide and its fifth filed in California. The suit alleges that defendants defrauded vulnerable homeowners out of tens of thousands of dollars by falsely promising to obtain—for substantial upfront fees—much-needed mortgage modifications on the homeowners’ behalf, but consistently failing to deliver results. Attorneys in the Los Angeles office of Arnold & Porter LLP are providing pro bono counsel on the case.