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And her office has started to take some action. It turns out the AGs there have been investigating one of these companies that's been foreclosing on people's homes. The company's named Franklin Credit Management. The AG alleges it was breaking state and federal law by trying to collect on these debts.
The company did not admit wrongdoing, we should say, but to avoid the risk of litigation, it struck a settlement with the AG.
The company did not admit wrongdoing, we should say, but to avoid the risk of litigation, it struck a settlement with the AG.
The company did not admit wrongdoing, we should say, but to avoid the risk of litigation, it struck a settlement with the AG.
And what she's talking about with the $10 million there is that the company basically agreed to forgive all of the mortgages it controls for people in the state of Massachusetts. And that's more than 500 loans.
And what she's talking about with the $10 million there is that the company basically agreed to forgive all of the mortgages it controls for people in the state of Massachusetts. And that's more than 500 loans.
And what she's talking about with the $10 million there is that the company basically agreed to forgive all of the mortgages it controls for people in the state of Massachusetts. And that's more than 500 loans.
Yeah, I mean, for sure. This settlement involved just one company and what they're doing in just one state. So Karen McDonough, the settlement doesn't help her. She's still trying to get ownership of her home back from a different company that foreclosed on it. But consumer law groups are hoping that there will be more to come with the government cracking down.
Yeah, I mean, for sure. This settlement involved just one company and what they're doing in just one state. So Karen McDonough, the settlement doesn't help her. She's still trying to get ownership of her home back from a different company that foreclosed on it. But consumer law groups are hoping that there will be more to come with the government cracking down.
Yeah, I mean, for sure. This settlement involved just one company and what they're doing in just one state. So Karen McDonough, the settlement doesn't help her. She's still trying to get ownership of her home back from a different company that foreclosed on it. But consumer law groups are hoping that there will be more to come with the government cracking down.
And so is the Massachusetts AG, Andrea Campbell.
And so is the Massachusetts AG, Andrea Campbell.
And so is the Massachusetts AG, Andrea Campbell.
And Alexi, I can tell you that NPR's investigations unit is also paying attention and we're talking to more homeowners and finding more companies that are doing this. So stay tuned. All right. We definitely will.
And Alexi, I can tell you that NPR's investigations unit is also paying attention and we're talking to more homeowners and finding more companies that are doing this. So stay tuned. All right. We definitely will.
And Alexi, I can tell you that NPR's investigations unit is also paying attention and we're talking to more homeowners and finding more companies that are doing this. So stay tuned. All right. We definitely will.
Hey, it's Kenny Malone. for an NPR Politics podcast episode dropping a few hours after that kind of thing. And then finally, there is Consider This. That is the podcast where NPR covers one big story in depth every weekday evening. So up first in the morning, Consider This in the evening, and the NPR Politics podcast anytime big stuff happens.