Former President Donald Trump has been ordered by a New York judge in his civil fraud trial to pay nearly $364 million in damages for exaggerating the valuation of his real estate holdings in order to get favorable lending terms between 2011 and 2021. Judge Arthur...
The Consumer Financial Protection Bureau (CFPB) has announced a $12 million settlement that resolves an enforcement suit brought 10 years ago against a foreclosure relief operation that the agency identified as a scam. In May 2014, the CFPB filed a complaint against...
A new survey of rental housing providers conducted by the National Multifamily Housing Council (NMHC) found that nearly all respondents (93.3%) have been on the receiving end of fraudulent applications over the last 12 months. The NMHC survey found 84.3% of...
A lawsuit brought by the Federal Trade Commission (FTC) has shut down Ganadores Online and Ganadores Inversiones Bienes RaÃces, a scam targeting Spanish-speaking consumers with fraudulent money-making pitches for online businesses and real estate investments. The FTC...
The U.S. Federal Trade Commission (FTC) is disbursing more than $1.2 million in refunds to borrowers who lost money to Consumer Defense, a fraudulent mortgage modification scheme. The FTC is sending payments to 6,261 consumers who will each receive $201.34. The agency...
Massachusetts High Court Upholds Transit-Zoning Mandate for 177 Communities
