A U.S. District Court Judge has temporarily halted an allegedly deceptive mortgage assistance relief operation lured homeowners with promises that it could provide mortgage relief assistance under the Coronavirus Aid, Relief and Economic Security (CARES) Act.
The order, entered in the U.S. District Court for the Central District of California, was issued at the request of the FTC.
“The court granted a temporary restraining order against National Amendment Assistance (also doing business as N.A.A.) after 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 that never materialized,” the FTC said, in a statement.