CFPB Wins Law Firm Injunction In Loan Modification Suit

Law360, New York (November 19, 2012, 4:43 PM EST) -- A California federal judge on Friday granted the U.S. Consumer Financial Protection Bureau a preliminary injunction against Gordon Law Firm PC and two loan processing companies in a suit over an alleged loan modification scam, barring them from misrepresenting services or destroying records of their business practices.

The CFPB brought suit in July accusing attorney Chance E. Gordon and his law firm, as well as Abraham Michael Pessar and his loan processing companies, of luring financially distressed homeowners with mortgage relief services and loan modifications for...
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