Skip to main content

HUD Charges Florida Firm with Targeting Hispanic Homeowners

Phil Hall
Sep 12, 2018

The Department of Housing and Urban Development (HUD) has accused a Florida company and its owners with violating the Fair Housing Act by targeting Hispanic homeowners in a predatory mortgage modification scheme that increased their risk of foreclosure.
HUD charged claims that Advocate Law Groups of Florida P.A. (ALG), Jon B. Lindeman Jr., and Ephigenia K. Lindeman of creating a deceptive mortgage loan modification advertising campaign that aired on Spanish-language radio and television stations throughout Florida. HUD alleged that Spanish-speaking ALG employees made false promises to coerce Hispanic homeowners to pay hefty upfront fees and to sign contracts that were predominantly, if not entirely, written in English. HUD stated that ALG instructed the homeowners to halt their mortgage payments and cease all communications with their mortgage lenders or servicers.
HUD’s charge was brought after complaints by three Orland households, who claimed that ALG threatened them with increased mortgage payments, fines or foreclosure if they sought to terminate their relationship.
“Intentionally targeting families with predatory mortgage services because of their national origin is a clear violation of the Fair Housing Act,” said Paul Compton, HUD’s general counsel. “This charge sends a clear message that HUD will protect the housing rights of all persons to the fullest extent of the law.”
Sep 12, 2018
'A Long Road To Normal'

Nominated again to lead The Fed, Powell tells Senate committee to expect three rate hikes, but 'if we have to raise interest rates more over time, we will.'

Regulation and Compliance
Jan 11, 2022
CFPB: Complaint Response Worsens At Big 3 Credit Bureaus

Report claims Equifax, Experian, and TransUnion routinely failed to fully respond to consumers with errors.

Regulation and Compliance
Jan 10, 2022
The Fed Names Chairs, Deputy Chairs For 12 Reserve Banks

In recent years, the Federal Reserve System has worked to increase the overall diversity of the Reserve Bank and branch boards of directors and continues to build on those efforts.

Regulation and Compliance
Jan 06, 2022
The Fed: Rate Hike Likely Coming in June

Federal Open Market Committee's December minutes reveal discussion of first hike in federal funds rate in 2Q of 2022, as well as of ending asset purchases by March.

Regulation and Compliance
Jan 05, 2022
AARMR No Protection For Savanah Scares

Conference provides opportunity for regulators to interact, discuss common topics

Regulation and Compliance
Jan 04, 2022
McCargo Sworn In As Ginnie Mae President

Former HUD official becomes the first female to lead the Government National Mortgage Association.

Regulation and Compliance
Jan 04, 2022