Relevant:
- Consumer Protection Agency’s First Lawsuit Targets Law Firm - Law Blog - WSJ
- Courthouse News Service
- Fewer U.S. homes underwater as prices rise - Lansner on Real Estate : The Orange County Register
- 1,099 Pages to Propose a Three-page Mortgage Disclosure - CFPB Explains Why
- Validity of Consumer Bureau at Stake in Legal Challenge
2012-09-10 — mfi-miami.com
The Consumer Financial Protection Bureau quietly filed its first ever civil enforcement action in federal court — and its target is a Los Angeles law firm.
The complaint, which was unsealed on July 23, said lawyer Chance Gordon and his law firm lured distressed homeowners with promises of loan modifications, took an upfront fee and then did “little or nothing†to help them.
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