City Attorney seeking homeowners involved in loan modification s - CBS News 8 - San Diego, CA News Station - KFMB Channel 8

City Attorney seeking homeowners involved in loan modification scam

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SAN DIEGO (CNS) - The City Attorney's Office announced Monday it is looking for homeowners who might have been charged upfront for unfulfilled loan modification services by Nations Mortgage Solutions, whose owner was recently prosecuted.

Requiring payment before the service is performed is illegal under state law.

The firm's owner, Christopher Dixon, pleaded guilty Friday in San Diego Superior Court to acting as a real estate agent without a license in connection with his business practices.

Victims were charged between $1,000 and $3,000, and none of the homeowners received new loans, according to City Attorney Jan Goldsmith.

"Homeowners seeking such help should never pay for such a service until the person offering modification services has completed all the work promised," Goldsmith said.

Dixon was ordered to pay $6,500 in restitution to victims involved in the court case, but prosecutors believe others have not identified. He could be liable for restitution to victims who come forward within 60 days, according to the City Attorney's Office.

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