Last Remaining Defendants in “Hope Now” Scheme Settle FTC Charges; Order Puts Them Out of the Mortgage Relief Business

WASHINGTON, D.C. – November 16, 2011 – (RealEstateRama) — The Federal Trade Commission has obtained a settlement against the remaining defendants in an allegedly fraudulent mortgage modification scheme that will permanently ban them from the mortgage assistance business and force them to return ill-gotten gains to consumers.