Home Assure to repay $2.4 million to mortgage rescue victims

Home Assure, a mortgage relief firm that misled consumers by falsely promising it could save their homes from foreclosure, has agreed to repay $2.4 million to its victims as part of a settlement with the Federal Trade Commission, the agency announced.

According to the FTC's complaint, Home Assure launched a nationwide marketing campaign intended to take advantage of struggling homeowners by offering so-called mortgage foreclosure rescue services, for which it typically charged consumers an upfront fee of $1,500 to $2,500.