Attorneys and Counselors at Law

El Paso, Texas lawyers and attorneys

Call for Free Consultation:
(915) 584-8000
Se Habla EspaƱol 

Federal court freezes assets of 5 mortgage firms

Feds-freeze-assets-of-5-mortgage-firms-JL16FP7H-x-largeWASHINGTON A federal court has frozen assets at five California companies that are being investigated for trying to scam U.S. homeowners facing foreclosure.

The Federal Trade Commission says it has opened an investigation into companies, which charged its customers up to $10,000 for legal advice and forensic audits.

Sameer Lakhany and his five Santa Ana, Calif.-based companies tried to convince homeowners to join a lawsuit against their lenders that could stop their foreclosures, reduce their delinquent payments and yield financial pay-outs, according to a complaint filed in U.S. District Court in central California on March 5.

On Monday, the court froze the assets of Credit Shop, Fidelity Legal, Titanium Realty, Precision Law Center Inc. and Precision Law Center LLC.

West El Paso, TX Office

(By appointment only) 7362 Remcon Circle El Paso, Texas 79912 Phone: (915) 584-8000 Fax: (915) 584-8024

MAILING ADDRESS

P.O. Box 12247 El Paso, Texas 79913-0247 Phone: (915) 584-8000 Fax: (915) 584-8024

East El Paso, TX Office

(By appointment only) 2300 George Dieter Drive El Paso, Texas 79936 Phone: (915) 584-8000 Fax: (915) 584-8024

You are here: home   Featured Articles Federal court freezes assets of 5 mortgage firms