· In a complaint filed in federal court, the CFPB alleges that Howard Law, P.C., the Williamson Law Firm, LLC, and Williamson & Howard, LLP, as well as attorneys Vincent Howard and Lawrence Williamson, ran this debt relief operation along with Morgan Drexen, Inc., which shut down in 2015 following the CFPB’s lawsuit against that company.
As the bureau prepared to file the instant suit, Morgan Drexen in July 2013 preemptively sued the CFPB in D.C. federal court, challenging the agency’s constitutional right to exist. That bid failed .
Consumer Financial Protection Bureau (CFPB) filed its lawsuit in August 2013, against debt-relief services company Morgan Drexen. The CFPB alleges, among other things, that Morgan Drexen deceived consumers into paying unlawful up-front fees for debt relief services by disguising them as fees related to "sham" bankruptcy services.
Mortgage insurer Essent Group prices IPO at $17 a share Fed report finds no wrongful foreclosures by banks, consumer advocates slam methodology Amid the wall-to-wall coverage of Barack Obama’s $150 million fundraising take in September and the endorsement of the Illinois senator on Sunday by former Secretary of State Colin Powell, the.In Q3-17, BXMT reported GAAP net income of $0.61 per share. IPO in May 2013 have earned a 13% compounded return to-date from the simple and transparent senior mortgage portfolio loan strategy. BXMT.
A California federal district court has entered a final judgment in favor of the CFPB in its enforcement action filed in August 2013 against Morgan Drexen, Inc. and its CEO. The lawsuit alleged that Morgan Drexen charged advance fees for debt relief services in violation of the Telemarketing Sales Rule (TSR) and engaged in deceptive.
The Consumer Financial Protection Bureau Tuesday filed a lawsuit against a debt relief firm for charging illegal upfront fees and deceiving consumers. The suit is notable because just last month the firm, Morgan Drexen, was a party to a lawsuit filed against the CFPB that challenged the regulator’s authority to request certain information.
Jobless rates stay level or improve in 32 states Frictional and structural unemployment occur even in a healthy economy. The natural rate of unemployment is between 4.5 percent and 5.0 percent, according to the Federal Reserve.The Bureau of Labor Statistics defines unemployed people as those who are jobless and have actively looked for work in the past four weeks.JW Showcase Confirmed: HUD Secretary Castro will endorse Hillary Clinton on thursday julin castro endorsed hillary Clinton on Thursday. The secretary of Housing and Urban Development is the second Obama Cabinet official to endorse Clinton – even as vice president biden is.JW Showcase makes it easy for anyone to create a video website. talking about the launch, Vineet Mishra, General Manager of JW Marriott Pune said, "India is a land of immense geographical diversity, each comprising varied dialects, flavours, spices and regional cuisines that showcase culinary finesse.
· On March 18, 2016, a federal district court entered a final judgment against Morgan Drexen ending a lawsuit filed by the CFPB in 2013 relating to an illegal debt relief scheme. Morgan Drexen must pay over $132 million in restitution to borrowers and an additional million as a civil penalty to the CFPB.
In 2013, the Consumer Financial Protection Bureau (CFPB) sued debt settlement company morgan drexen for collecting illegal "upfront fees" for debt settlement services and for running deceptive advertisements. Shortly before that, the company filed suit against the CFPB, challenging the agency’s investigative authority.
HUD’s bid to sell soured mortgages stops short Since 2010, HUD has sold about 105,000 loans nationwide through what. on the mortgage after a car accident in 2011 forced her to stop working temporarily.. Foreclosure is costly to the new mortgage holders, and a short sale or. to participate in the DASP sales or back nonprofits willing to bid on the.
Freedom Debt Relief, on the other hand, claims that the CFPB "fundamentally misunderstands" the debt settlement process and says that it plans to "vigorously contest" the CFPB lawsuit.