Attorney General Pam Bondi Sues Two Foreclosure Management Companies for Keeping People in their Homes While Facing Foreclosure

“These companies preyed on Florida’s distressed homeowners who were already experiencing financial hardships,” stated Attorney General Pam Bondi. “The laws that protect Floridians from deceptive practices and homeowners during the course of a residential foreclosure must be abided by, and I am pleased that the Court granted our motion to stop these companies from defrauding Floridians.”

Now if she only applied that to the banks and their default companies…

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Attorney General Pam Bondi Sues Two Foreclosure Management Companies for Defrauding Homeowners Facing Foreclosure

Attorney General Bondi Achieves Temporary Injunction and Limited Asset Freeze

TALLAHASSEE, Fla. –Attorney General Pam Bondi filed a lawsuit and obtained a temporary injunction and limited asset freeze against two foreclosure management companies for misleading distressed homeowners. MGD Management, LLC, and CRS Marketing, LLC, both with offices in Broward County, marketed “strategic default” services which purported to keep the consumers in their homes “for free” for three years without paying the mortgage, taxing authorities, homeowners association, or home owners insurance.

“These companies preyed on Florida’s distressed homeowners who were already experiencing financial hardships,” stated Attorney General Pam Bondi. “The laws that protect Floridians from deceptive practices and homeowners during the course of a residential foreclosure must be abided by, and I am pleased that the Court granted our motion to stop these companies from defrauding Floridians.”

According to the complaint, the companies: promised assistance with the defense of their foreclosure action and represented that the fees paid to the defendants included all legal fees other than bankruptcy filings; advised consumers to ignore any communication from their lenders/creditors unless it came registered mail; and failed to provide legal services.

Rest here…

Copy of the complaint below…

To be fair, it does appear that these companies did offer legal services that they did not provide.

I just find it interesting that there are much bigger players that “preyed on Florida’s distressed homeowners who were already experiencing financial hardships” (LPS) that have not been sued…

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4closureFraud.org

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Complaint

Comments
7 Responses to “Attorney General Pam Bondi Sues Two Foreclosure Management Companies for Keeping People in their Homes While Facing Foreclosure”
  1. 2 Pirates Over 40 says:

    Now if she would only follow thru with taking down the Foreclosure Mills that are destroying our wonderful state of Florida……..but I’m not holding my breath on that one……….by the way,she didn’t turn over a new leaf, she just turned over

  2. incognito123 says:

    Apparently Mike, these two companies did not pay off BLondi enough like LPS…..

  3. Financial Crime victim says:

    One would think after assuming office Princess Bondi’s first shot across the bow would be to pursue the rapist scumbags who devoured Florida alive. Criminal rapist banksters like… Aurora, Citi, Chase, Country Wide, BOA, Wells Fargo, M&T Bank, Indymac, Deutsch Bank etc etc etc……..
    Yes the foreclosure management companies are abusers and must be brought to justice but they are insignificant little fish.
    The dereliction of duty and malfeasance just never stops, the citizens of Florida are continually being played for idiots and suckers by the AG office.
    Hey do nothing Pam Bondi get real and start doing the job you were hired to do!
    Go after the real criminals!!!!! THE BANKS!!!!! Ms. AG what the hell are you waiting for?????
    C’mon, toss some nice bloody chunks of chum into the water and start trolling for BIG nasty ferocious skank banks. Hook em and haul them in!!!!!

    AG Pam Bondi what your office is engaged in is nothing but over glorified do nothing busy work – many of us are not fooled.

  4. lvent says:

    O.K., now we get it…if you do anything to help homeowners stay in their homes…. now that is fraud!!!

    • lvent says:

      Let’s face it…Bondi is a bitch…She is corrupt, she should resign…. she is not working for the people…she is an idiot.

  5. Pamela Edwards says:

    She should be suing all of them not just a chosen few.It makes sense that if a few of them did it all of them did it.Wht single just two out and not take an active interest in the rest.She’s such a smoozer loser.Probably has family working forLPS.

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