FTC to Announce Rule to Protect Homeowners from Mortgage Relief Scams During Middle Class Task Force Event

WASHINGTON, D.C. – November 19, 2010 – (RealEstateRama) — During an event hosted by Vice President Joe Biden to announce initiatives to help middle class and low-income families secure their legal rights, Federal Trade Commission Chairman Jon Leibowitz will announce a new rule protecting homeowners from deceptive mortgage relief companies, and several law enforcement actions against mortgage loan modification and foreclosure rescue companies.