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FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm

FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm

by Phil Hall | Jul 8, 2025 | Current News & Events, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Trade Commission (FTC) announced it will send $3 million in payments to consumers impacted by Ygrene Energy Fund, a home improvement financing company. According to the FTC’s October 2022 complaint, Ygrene and its network of door-to-door contractors...
FTC in Settlement with Marriott and Starwood Hotels Over Repeated Data Breaches

FTC in Settlement with Marriott and Starwood Hotels Over Repeated Data Breaches

by Phil Hall | Oct 11, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive

The Federal Trade Commission (FTC) announced a settlement with Marriott International Inc. (NASDAQ: MAR) and its subsidiary Starwood Hotels & Resorts Worldwide LLC related to three large data breaches between 2014 to 2020 impacting more than 344 million customers...
FTC Begins Claims Process for Victims of Lanier Law’s Mortgage Relief Scam

FTC Begins Claims Process for Victims of Lanier Law’s Mortgage Relief Scam

by Phil Hall | Jan 19, 2024 | Current News & Events, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

The Federal Trade Commission (FTC) has started a claims process for consumers victimized by a phony mortgage relief operation known as Lanier Law that collected upfront fees of thousands of dollars and promised consumers lower monthly payments but failed to deliver....
FTC Shuts Down Real Estate Scam Targeting Spanish-Speaking Consumers

FTC Shuts Down Real Estate Scam Targeting Spanish-Speaking Consumers

by Phil Hall | Jan 18, 2024 | Current News & Events, Real Estate Investing, Real Estate News, WRE News Exclusive

A lawsuit brought by the Federal Trade Commission (FTC) has shut down Ganadores Online and Ganadores Inversiones Bienes Raíces, a scam targeting Spanish-speaking consumers with fraudulent money-making pitches for online businesses and real estate investments. The FTC...
FTC to Reimburse Consumers Impacted by Home Improvement Finance Firm

FTC Returns $1.2 Million to Consumers from Loan Modification Scheme

by Phil Hall | Jan 12, 2024 | Current News & Events, Industry Updates, Mortgage Information, Real Estate News, U.S. Housing Market, WRE News Exclusive

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...
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