As part of a nationwide crackdown on fraudulent loan modification firms, as many as 14 California loan modification companies are being sued and charged with various offenses under California law. Nationwide, the Federal Trade Commission working in conjunction with State Attorney General offices filed 189 lawsuits or other legal actions across 20 states.
According to the LATimes, firms that were named in lawsuits here in California include:
- U.S. Homeowners Assistance, based in Irvine, and its executives Hakimullah “Sean” Sarpas and Zulmai Nazarzai. U.S. Homeowners Assistance also did business as Statewide Financial Group Inc.
- Home Relief Services, with offices in Irvine, Newport Beach and Anaheim, and its legal affiliate, the Diener Law Firm
- RMR Group Loss Mitigation and its legal affiliates Shippey & Associates and Arthur Aldridge. RMR Group has offices in Newport Beach, Orange, Huntington Beach, Corona and Fresno
- United First Inc. and its lawyer affiliate, Mitchell Roth, based in Los Angeles.
Many of the firms accused of wrongdoing across the 20 states were accused of collecting up front fees in exchange for promises to negotiate with a borrowers lender for a loan modification. If you or someone you know has had problems with a loan modification company who has charged up front fees, be sure to contact the California Attorney General’s office.
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