Press Releases

• National Loan Scam Prevention Database Surpasses Critical Milestone
  The Loan Modification Scam Prevention Network (LMSPN) recently reached a critical milestone in the national effort to stop foreclosure rescue scams. Through the efforts of homeowners, housing counselors, advocates and Network partners from across the country, the national Loan Modification Scam Database, led by the Lawyers' Committee for Civil Rights Under Law, has collected more than 20,000 scam complaint reports since its launch in March 2010.
• Injunction Obtained in New York Loan Modification Scam Lawsuit Against Homesafe America, Inc.
  This morning, Justice John M. Galasso of the Nassau County Supreme Court issued a sweeping order shutting down one of New York's largest mortgage scam operations pending trial. The order is the most substantial victory to date in a year-long legal campaign against "loan modification scams" in New York and nationwide. The court order ceases the operations of Homesafe America Inc. and its successor corporation, United Solutions Law Firm, which are alleged to have scammed more than a thousand low- and middle-income homeowners by falsely promising to help customers modify the terms of their mortgages.
• Seniors Among Hardest Hit by Foreclosure Rescue Scams; Today's Launch of the Consumer Financial Protection Bureau is Critical
  The Lawyers' Committee for Civil Rights Under Law applauds today's launch of the Consumer Financial Protection Bureau (CFPB). To mark this momentous date in the fight for consumer protections, the Lawyers' Committee released an issue brief on the severe impact of the ongoing foreclosure rescue scam crisis on older Americans. Scammers are preying on distressed homeowners by offering much-needed foreclosure counseling or loan modification assistance for a fee, yet failing to deliver any results-or refunds-in the end.
• HOMEOWNERS STRIKE BACK AGAINST TWO OF NEW YORK'S LARGEST MORTGAGE SCAMMERS
  Two justices of the New York State Supreme Court have issued sweeping orders to restrain the activities of alleged “loan modification� scammers, providing major victories for financially vulnerable homeowners. The cases were brought by the Lawyers' Committee for Civil Rights Under Law and its pro bono counsel Davis Polk & Wardwell LLP on behalf of more than 30 homeowners who allegedly lost money to the two companies.
• Lawyers' Committee Files Lawsuit Against California Mortgage Scam Scheme
  The Law Foundation of Silicon Valley, the Lawyers' Committee for Civil Rights Under Law, and pro bono counsel Orrick, Herrington & Sutcliffe LLP filed a class action lawsuit on behalf of California homeowners who have been victimized by a network of scam artists preying on vulnerable homeowners. As a result of this alleged loan modification scam, the victims have lost hundreds of thousands of dollars.
• LMSPN Files Lawsuit against "Elaborate Network" of NY Scam Companies
  The Lawyers' Committee and pro bono counsel Davis Polk & Wardwell LLP filed a lawsuit today on behalf of local homeowners who were scammed by for-profit loan modification companies.
• LMSPN Spotlights Loan Scams for National Consumer Protection Week
  In conjunction with National Consumer Protection Week (NCPW), March 6-12, NeighborWorks America, The Lawyers Committee for Civil Rights Under Law, HOPE Now, Fannie Mae, Freddie Mac and a coalition of national government agencies, nonprofit organizations and financial institutions are empowering homeowners to combat loan modification scams.
• Coalition Launches New Campaign to Fight Loan Modification Scams
  The Loan Modification Scam Prevention Network, led by Fannie Mae, Freddie Mac, the Lawyers' Committee for Civil Rights Under Law and NeighborWorks America, today announced a national campaign to prevent loan modification scams through public education, complaint reporting and coordination with local, state, and federal enforcement agencies.
• PreventLoanScams.org a New Online Tool in the Fight Against Loan Modification Scammers
  As part of a vigorous national campaign to strengthen the fight against loan modification scammers, the Lawyers' Committee for Civil Rights Under Law today launched www.PreventLoanScams.org.