Industry NewsMortgage

‘Phony lawsuits’ didn’t help homeowners

Eight Web sites tied to alleged foreclosure rescue scam
Published on Jul 8, 2009

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by CareyBot

A foreclosure consultant and attorney are accused of filing lawsuits to forestall foreclosure proceedings on behalf of more than 2,000 homeowners in California, then abandoning or failing to prosecute hundreds of the cases.

Consultant Paul Noe Jr. and attorney Mitchell W. Roth "ripped off homeowners desperate for help by charging unconscionable fees for phony lawsuits," California Attorney General Jerry Brown said in announcing a complaint against the two. "Instead of aggressively pursuing the lawsuits, Noe and Roth strung them along so they could continue to rake in fees."

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