ATTORNEY GENERAL SWANSON FILES LAWSUITS AGAINST TWO COMPANIES THAT USE THE THREAT OF FORECLOSURE SCAMS TO DUPE CITIZENS INTO PAYING THOUSANDS OF DOLLARS IN UNLAWFUL FEES FOR SUPPOSED MORTGAGE HELP

November 29, 2010 – (RealEstateRama) — Minnesota Attorney General Lori Swanson today filed lawsuits against two out-of-state companies that charged Minnesota homeowners up to $3,500 in unlawful fees to help them renegotiate their home mortgages. In both cases, the companies used the threat of prevalent mortgage modification assistance scams to convince homeowners to pay money to their companies. In the midst of the ongoing housing crisis, the Attorney General warned citizens not to pay advance fees to firms for mortgage help