Homeowners lose millions as California mortgage relief company faces accusations of illegal activity

A mortgage relief company in California operating under at least 10 different names is temporarily shut down and its assets frozen under court order.A mortgage relief company in California operating under at least 10 different names is temporarily shut down and its assets frozen under court order. It is accused of bilking homeowners out of millions of dollars.

"Almost every month they were asking me for money and I was sending it to them. We're close to about $20,000 I paid to them," he said. 7 On Your Side contacted the attorney representing Golden Home Services America and the other companies named in the suit.Conforming loans versus jumbo loans: Here's how you can get lower mortgage rate on bigger loan"The consumer should be wary about again lofty promises of quick and easy savings with a high-pressure sales tactic to pay an upfront fee," said Martindale.

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