Cuomo Puts Mortgage-Rescue Firms on Notice - NBC New York

Cuomo Puts Mortgage-Rescue Firms on Notice



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    Cuomo knows homeowners tend to vote.

    More than 30 companies that promise help for at-risk homeowners have been added to the growing list of firms getting letters from New York attorney general's office over illegal and deceptive practices.

    Andrew Cuomo said Monday his office has sent cease-and-desist letters to 31 mortgage-rescue companies. That's in addition to more than 180 companies that have already been warned.

    He says his office has received numerous complaints from consumers.

    Cuomo said the misleading practices include demanding fees up front, not providing written contracts and false advertising.

    Cuomo, a Democrat running for governor, says consumers can contact the Department of Housing and Urban Development to access free mortgage help.