RALEIGH -- The N.C. Attorney General's Office said yesterday that a Kannapolis company that touts itself as a foreclosure-rescue operation has been barred temporarily from collecting money from consumers.
A Wake County Superior Court judge agreed Wednesday to temporarily bar Geoffrey Lamb of Cabarrus County from offering foreclosure- and loan-modification services.
The office filed suit last week against Lamb, who did business as The Lamb Group and US Consumer Solutions. It wants to shut down Lamb's foreclosure-rescue business permanently and win consumer refunds and civil penalties.
The office said in its complaint that Lamb stated on his Web site that his firm was a "non-profit foreclosure relief organization" with a success rate of 97 percent.
However, Lamb charged homeowners as much as $1,500, told them not to contact their mortgage lenders, and then did little or nothing to help save their homes, according to the complaint. Under state law, it's illegal to charge an advance fee for foreclosure assistance or loan modifications.
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