Northeast Ohio Foreclosure Rescue Company Sued for Consumer Law Violations

Northeast Ohio Foreclosure Rescue Company Sued for Consumer Law Violations

CLEVELAND, OH – July 13, 2011 – (RealEstateRama) — Ohio Attorney General Mike DeWine today announced a lawsuit against foreclosure rescue company Diversified Real Estate Consultants LLC (DREC), its affiliates, and its owner for multiple violations of Ohio consumer laws.”This company continually misled consumers,” Attorney General DeWine said. “It charged substantial upfront fees for services and results that it promised but never delivered. It also encouraged homeowners to default on their mortgage loans, falsely stating that defaulting on their loans would help them get a loan modification. Such statements are completely false and caused homeowners to risk losing their homes.”

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