Fiscal Dynamics Inc., Cumulative LLC, and Northwest Assets

Spokane, WA: (Mar-16-07) The Washington Attorney General's Office booked charges against three businesses offering foreclosure rescue services. Fiscal Dynamics Inc., Cumulative LLC, and Northwest Assets were accused of having searched public records to find and target Washington residents who had fallen behind on their property taxes and faced foreclosure. Though the businesses denied the allegations, they offered to pay delinquent taxes to prevent foreclosure. In exchange, the homeowners would transfer title of the home to the company for a small sum. Fiscal Dynamics Inc., Cumulative LLC, and Northwest Assets paid $290,000 in restitution as part of the settlement. [SEATTLE POST INTELLIGENCER: FORECLOSURE FRAUD]

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Published on Mar-19-07