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Attorney General's Office Sues Mortgage Services Company

kpho.com | September 19, 2013

By Christina Batson

PHOENIX (CBS5) - The Arizona Attorney General's Office has filed a consumer fraud lawsuit against a Phoenix-based mortgage company.

The suit against Making All Home Affordable, LLC (MAHA), its owner and manager, Albert Figueroa, and one of its salespersons, Steve Villanueva, was announced by Attorney General Tom Horne's office on Wednesday.

The company is accused of misleading Spanish-speaking consumers into believing that the MAHA program would allow them to obtain principal and interest reductions on their home mortgages.

MAHA ran radio advertisements in Spanish where Figueroa tells listeners that if they met with a representative they could find out if they were eligible for a reduced mortgage.

The lawsuit alleges that when consumers met with MAHA, they were informed of their eligibility, and qualified for reduced principal and interest rates despite having no knowledge of whether the consumer's lender would accept the reduction.

Consumers paid approximately $1,700 for the MAHA program but never received any reductions, according to Horne's office.

Another Arizona business, Diversified Home Solutions, LLC, is also named in the lawsuit.

According to the complaint, Figueroa would obtain a payment from a MAHA client and record a fraudulent Deed of Trust against the client's property for a nonexistent debt that Figueroa claimed was owed to Diversified Home Solutions.

Consumers who believe they are victim of deceptive mortgage practices or any other type of consumer fraud are urged to file a complaint with the state Attorney General's Office.

Copyright 2013 CBS 5 (KPHO Broadcasting Corporation). All rights reserved.


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CFLA was founded by the Nation's Leading Foreclosure Defense Attorneys back in 2007 to serve the Foreclosure Defense Industry and fight pervasive Bank Fraud. Since opening our virtual doors, CFLA has rapidly expanded to become the premier online legal destination for small businesses and consumers. But as the company continues to grow, we're careful to hold true to our original vision. For us, putting the law within reach of millions of people is more than just a novel idea—it's the founding principle, just ask Andrew P. Lehman, J.D.. With convenient locations in Houston and Los Angeles, you can contact Our National Account Specialist and General Manager / Member Damion W. Emholtz at 888-758-2352 for a free Mortgage Fraud Analysis or to obtain samples of work product, including cutting edge Bloomberg Securitization Audits, Litigation Support, Quiet Title Packages, and for more information about our Nationally Accredited and U.S. Department of Education Approved "Mortgage Securitization Analyst Training Certification" Classes (3 days) 24 hours for approved CLE & MCLE Credit (Now Available Online).

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