A New Jersey firm sued by the FTC over involvement with a mortgage-modification company has lost a skirmish but says it is hopeful for a resolution without trial. On Monday, U.S. District Judge Jerome Simandle granted the FTC's motion to strike the affirmative defenses put forth by Kwasnik Rodio Kanowitz & Buckley. The FTC alleged that Kwasnik Rodio and Hope Now Modifications, which referred clients to the firm, used unfair and deceptive trade and telemarketing practices to prey on homeowners facing foreclosure.
April 16, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
A New Jersey firm sued by the Federal Trade Commission over involvement with a mortgage-modification company has lost a skirmish but says it is hopeful for a resolution without trial.
On Monday, U.S. District Judge Jerome Simandle granted the FTC’s motion to strike the affirmative defenses put forth by Kwasnik Rodio Kanowitz & Buckley of Cherry Hill, finding them redundant or legally insufficient.
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