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Criminal

May 9, 2009

'Foreclosure Prevention' Firm Sues Lenders

An Irvine-based "foreclosure-prevention" law firm has sued two giant lenders for telling borrowers the firm is defrauding them.

By Don J. DeBenedictis
Daily Journal Staff Writer

SANTA ANA - An Irvine-based "foreclosure-prevention" law firm has sued two giant lenders for telling borrowers the firm is defrauding them.

In actions filed late last month, United Law Group sued Washington Mutual Bank and its parent, JPMorgan Chase Bank, and Countrywide Financial Corp., and its parent, Bank of America.

With the economic meltdown and mortgage crisis, many people are despera...

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