- A U.S. district court in California has temporarily halted an allegedly deceptive mortgage assistance relief operation by National Amendment Assistance, which claimed it can provide mortgage relief assistance under the Coronavirus Aid, Relief, and Economic Security (CARES).
- FTC alleged that the mortgage assistance relief operator and related entities allegedly misled consumers into paying unlawful upfront fees in exchange for guarantees of lower mortgage rates and monthly payments.
- The complaint alleges that the companies mailed letters to homeowners nationwide claiming to offer mortgage relief under the CARES Act, resulting in a reduction in their home mortgage rates.