Ohio AG DeWine Targets Loan Mod Firm for Non-Compliance

Ohio Attorney General Mike DeWine has announced a lawsuit against K&R Marketing LLC of Broadview Heights, Ohio doing business as Fix My Mortgage Problem. The suit charges the business and its owner with multiple violations of Ohio’s consumer laws, including failure to deliver. All of the complaints the Ohio Attorney General’s Office has received are from out-of-state consumers. Christopher Bray, the owner of K&R Marketing, told consumers that he would work with their mortgage companies to modify their loans for upfront fees between $500 and $1,000. After accepting the downpayment, Bray did little to aid consumers and did not provide refunds. “This company was misleading consumers,” Attorney General DeWine said. “Consumers said they paid fees for loan modification help, but never received assistance. Homeowners who are trying to prevent foreclosure on their homes should avoid businesses that charge upfront fees for their services.” The Attorney General’s lawsuit charges K&R Marketing and Bray with multiple violations of the Consumer Sales Practices Act, including failure to deliver and failure to provide refunds. It also charges the business and its owner with violating the Debt Adjusters Act by offering loan modifications and charging fees greater than allowed by law. The lawsuit seeks a permanent injunction, consumer restitution and civil penalties.