Texas AG takes legal action against Houston foreclosure rescue firm

by Jeff Ehling

The Texas Attorney General's Office says it is cracking down on companies that offer foreclosure help but do little actual work.

   Today the AG office issued a restraining order against a Houston based mortgage rescue company.

   The AG says Southern Residential, LLC fraudulently advertised the company could save homeowners from imminent foreclosure.  Under the temporary restraining order, the defendants must stop falsely soliciting distressed homeowners immediately.

   Employees we spoke with denied the allegations included in the AG's report.

    Homeowners who believe they have been harmed by this or similar fraudulent businesses may call the Office of the Texas Attorney General's Office toll-free complaint line at (800) 252-8011 or file a complaint online at www.oag.state.tx.us.