NH to Join Settlement Over Foreclosure Abuses

New Hampshire Attorney General Michael Delaney and Commissioner Ronald A. Wilbur of the New Hampshire Banking Department will be holding a press briefing this afternoon at 1:00 p.m.,  regarding the recently announced $25 billion state/federal mortgage servicing settlement.  The briefing will include a detailed explanation of the proposed terms of the settlement and New Hampshire’s decision to join.

The nationwide settlement stems from abuses that occurred after the housing bubble burst. Many companies that process foreclosures failed to verify documents. Some employees signed papers they hadn’t read or used fake signatures to speed foreclosures — an action known as robo-signing.

The deal would be the biggest involving a single industry since a 1998 multistate tobacco deal. It would force the five largest mortgage lenders to reduce loans for about 1 million households.

Read the entire story by Julie Smidt, in USA Today

If you believe your home was illegally foreclosed on, the Lawyer Referral Service of the NH Bar Association can help by referring you to a competent attorney who specifically handles this type of legal matter.  Call 603-229-0002 or request an online referral.

American Central Lending Services – Consumer ALERT

Released December 14, 2011 by Michael A. Delaney, New Hampshire Attorney General

NEWS RELEASE

    
Attorney General Michael A. Delaney has issued a consumer alert to warn consumers about a fraudulent Internet lending operation using the name American Central Lending Services and falsely representing that they are located in Portsmouth, NH.  Investigators have determined that this company does not do business in New Hampshire, has no ties to New Hampshire and is engaging in false and deceptive practices in attempts to steal money from consumers.

The Attorney General’s Consumer Protection Bureau warns consumers to exercise extreme caution when applying for a loan through the Internet and to not provide sensitive and confidential information on any on-line application, such as address, date of birth, social security information or banking/credit card information without having particular guarantees that the company is legitimate and the website is secure.  Consumers are also cautioned that any request to wire money, especially out of the country, is a red flag indicating a potential consumer scam.  Consumers should only wire money when they have personal knowledge and familiarity with the recipient.  Often scam artists operate outside of the United States and are skilled at concealing their true identities and location.

Consumers may obtain other information about consumer protection issues, or report consumer complaints, on the Consumer Protection Bureau’s website at <http://www.doj.nh.gov/consumer>.  

If you  have been victimized by an internet scam, the Lawyer Referral Service can refer you to competent attorneys who are trained to handle this type of legal matter.  Call LRS today at (603) 229-0002 or request a referral online at https://www.newhampshirelawyerreferral.com/contact-us.

Consumer & Business Alert – Fake BBB Email

    Better Business Bureau Alert – 11/23/2011

 

Important Alert!


For Immediate Release

 

The Better Business Bureau has received several calls this morning regarding a “complaint email” that businesses are receiving. The email states that this is regarding a pending complaint with the BBB from either services@bbb.org or alert@bbb.org. These email addresses are not connected with the BBB. We have confirmed that this is an email Phishing Scam. It has been sent to businesses across the country.
 

If you receive one of these emails DO NOT open any attachment found within the email. The body of the email asks recipients to respond to the complaint by directing them to a link shown as our national website at http://www.bbb.org.  This link is actually disguised to go to a third party website and may be malicious.

 Because the message is fraudulent, the BBB advises any business that receives this email to take the following steps:

  • Do not click on any links or reply to the message,
  • Completely delete the message from your inbox and/or forward it to phishing@council.bbb.org, and
  • Run a full virus scan on your computer if you did click on any links.

Read Full Alert

If you are the victim of an internet scam, the Lawyer Referral Service can refer you to competant attorneys who specifically handle internet scam issues.  Call LRS today at 603-229-0002 or request an online referral

Receive Scam Alerts

Sign up to receive scam alerts  through email from the NH Consumer Education Partnership, formed by the NH Banking Department, the NH Insurance Department, the NH State Treasury, the University of New Hampshire Cooperative Extension, and the NH Attorney General’s Consumer Protection Bureau.

http://www.nh.gov/consumer/

If you think you may have been scammed or suspect your identity may have been stolen, the Lawyer Referral Service can refer you to attorneys who have experience assisting people with consumer law and/or identity theft issues.  Call 603-229-0009 or fill out the online request form.