The state of Washington's Department of Financial Institutions ordered Home Credit Law Center, a California mortgage loan modification firm, to stop operating in the Evergreen State.
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Authorities said the company, run by two Los Angeles men, was offering loan mod services to homeowners facing foreclosure for a $3,000 fee but was not licensed to practice business or law in Washington.
"We offered [Brian Linnekens, Home Credit Law Center's president] the opportunity to voluntarily cease and desist, but he refused," Deb Bortner, the state regulator's director of consumer services, said in a statement Monday. Linnekens could not be reached for comment.
