Authors Posts by Federal Trade Commission
Federal Trade Commission

Federal Trade Commission

The Federal Trade Commission (FTC) deals with issues that touch the economic life of every American. It is the only federal agency with both consumer protection and competition jurisdiction in broad sectors of the economy.

The FTC pursues vigorous and effective law enforcement; advances consumers’ interests by sharing its expertise with federal and state legislatures and U.S. and international government agencies; develops policy and research tools through hearings, workshops, and conferences; and creates practical and plain-language educational programs for consumers and businesses in a global marketplace with constantly changing technologies.

Contact:

202-326-3224
1-877-FTC-HELP (1-877-382-4357)

FTC

FTC Obtains Preliminary Injunction Against Mortgage Relief Operation That Deceived Homeowners

The Federal Trade Commission has charged a mortgage relief operation with deceiving distressed homeowners by falsely promising to make their mortgages more affordable and prevent foreclosure. A federal court temporarily halted the scheme and froze the defendants’ assets at the FTC’s request.
FTC

FTC, Department of Justice to Hold Workshop on Competition in Real Estate Brokerage

The Federal Trade Commission and Department of Justice announced today that they will hold a joint public workshop in Washington, DC on June 5, 2018, to explore competition issues in the residential real estate brokerage industry.
FTC

Community Newspaper Owner Oregon Lithoprint Inc. Settles Charges that It Restrained Competition in the...

Oregon Lithoprint Inc., owner of the News-Register, a twice-weekly community newspaper based in Yamhill, Oreg., has agreed to settle FTC charges that it invited a competitor to collude in an arrangement to divide the market for placement of foreclosure notices.
FTC

FTC Sending Refund Checks Totaling More Than $533,000 to Consumer Victims of Phony Mortgage...

The Federal Trade Commission is mailing 862 refund checks totaling more than $533,000 to consumers deceived by a phony mortgage relief scheme allegedly perpetrated by a company called A to Z Marketing, Inc. Starting today, many homeowners who paid for the bogus “service” will receive refunds, with the average check totaling $619.24 and representing 26 percent of the money consumers lost.
FTC

FTC Halts Deceptive Mortgage Loan Modification Scheme

The Federal Trade Commission has charged a mortgage loan modification operation with deceiving financially distressed homeowners by falsely promising to prevent foreclosure and make their mortgages more affordable. A federal court temporarily halted the scheme and froze the defendants’ assets at the FTC’s request.
FTC

Solar Panel Lead Generation Robocallers Who Pitched Energy Savings Settle FTC Charges

Two brothers and the companies they ran have settled a federal district court complaint brought by the Federal Trade Commission and litigated by the Department of Justice, that charged them with running a telemarketing operation that made millions of illegal robocalls promising consumers energy savings in order to generate leads to sell to solar panel installation companies
FTC

FTC Obtains Court Order against Deceptive Marketers Who Tricked Consumers with Ads for Non-existent...

The Federal Trade Commission has obtained a court order against two men for their roles in an alleged scheme that lured consumers with fake rental property ads and deceptive promises of “free” credit reports into signing up for a costly credit monitoring service. The two settling defendants will pay a total of $762,000 to resolve the agency’s claims.
FTC

Court Finds Defendants Lied to Consumers When Selling Legal Services for Mortgage Relief

A federal court has found that Jeremy Foti and Charles Marshall, acting through Brookstone Law and Advantis Law, “made numerous false and/or misleading material statements to consumers” when selling legal services for purported mortgage relief.
FTC

FTC Announces Winner of its Internet of Things Home Device Security Contest

The Federal Trade Commission announced that a mobile app developed by a New Hampshire software developer was awarded the top prize in the agency’s competition seeking tools to help consumers protect the security of their Internet of Things (IoT) devices.
FTC

FTC Office and Bureau Directors Comment on State Legislative Proposal Affecting Compensation for North...

In response to a request from North Carolina Assistant Attorney General Roberta A. Ouellette, the directors of the Federal Trade Commission’s Office of Policy Planning, Bureau of Competition and Bureau of Economics have issued a comment on the competitive impact of proposed legislation affecting compensation for real estate appraisers in North Carolina.
FTC

FTC Challenges Louisiana Real Estate Appraisal Board Regulations that Restrict Competition

The Federal Trade Commission has filed a complaint against the Louisiana Real Estate Appraisal Board, alleging that the group is unreasonably restraining price competition for appraisal services in Louisiana, contrary to federal antitrust law.
FTC

FTC Obtains Court Order Requiring Owner of Precious Metals Investment Scam To Surrender Florida...

A federal court has granted the Federal Trade Commission’s request fo
FTC

FTC Staff Submits Comment to FERC on Helping New Electricity Generators Connect to the...

The Federal Trade Commission staff has submitted a comment to the U.S. Federal Energy Regulatory Commission (FERC). The staff comment responds to FERC’s request for comments on its proposal to improve the rules governing how electricity generation facilities connect to the transmission grid. These reforms are designed to allow wholesale power producers to connect to the transmission grid more quickly and cost-effectively
FTC

Final Defendant in Alleged Mortgage Relief Scam Settles FTC Charges

The final defendant in an alleged mortgage relief scam that preyed upon distressed homeowners will be banned from selling mortgage or debt relief services under a settlement with the Federal Trade Commission.
FTC

FTC Preserves Competition in Merger of Enbridge Inc. and Spectra Energy Corp

Energy infrastructure companies Enbridge Inc. and Spectra Energy Corp have agreed to settle Federal Trade Commission charges that the proposed merger of Enbridge and Spectra likely would harm competition in the market for pipeline transportation of natural gas in three production areas off the coast of Louisiana.

Business Real Estate Press Releases

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Groundbreaking Ceremony Marks Start of Construction on $1 Billion Alameda Mixed-Use...

The City of Alameda and its private partner, Alameda Point Partners, LLC, today celebrated the groundbreaking of the first phase of the $1 billion mixed-use, transit-oriented waterfront development at the gateway to Alameda Point, called Site A. The 68-acre Site A development is located on the site of the former Naval Air Station Alameda, which closed over 20 years ago. Alameda Point Partners (APP) is a joint venture led by Managing Partner Trammell Crow Residential (TCR)

Recent Gov & Nonprofit Real Estate Press Releases

NAHB

Statement from NAHB Chairman Randy Noel on Signing Banking Bill into...

Randy Noel, chairman of the National Association of Home Builders (NAHB) and a custom home builder from LaPlace, La., issued the following statement after President Trump signed the Economic Growth, Regulatory Relief and Consumer Protection Act (S. 2155) into law.