Arizona Attorney General

Mark Brnovich




AG Horne Announces A Settlement With Underwater Property Solutions, LLC

PHOENIX (Thursday, April 26, 2012) -- Arizona Attorney General Tom Horne has reached a settlement with Underwater Property Solutions, LLC ("UPS"), a Scottsdale, Arizona based mortgage loan modification service company that the State accused, in a consumer fraud lawsuit, of participating in a deceptive scheme designed to collect advance fees from consumers looking for assistance in obtaining mortgage loan modifications. In nearly all cases, it is illegal for businesses to charge upfront fees for loan modifications.