The Real Deal Miami

A.G. accuses cos. of preying on homeowners

Pam Bondi's office filed the lawsuit in Broward County this week

August 08, 2013 11:00AM

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Attorney General Pam Bondi

Attorney General Pam Bondi

Attorney General Pam Bondi is suing a company in Broward County for allegedly preying on homeowners at risk of losing their homes, the AP reported.

Bondi’s office filed the lawsuit Wednesday against Nicholas Torgerson, Whitestone Capital Trust LLC and Become the Bank LLC, contending that the defendants violated Florida’s consumer protection laws by threatening to cancel or void homeowners’ mortgages without providing the homeowners any help, according to the wire service.

The companies allegedly acquired titles to distressed owners’ homes and pocketed fees while leaving them liable for mortgage payments, according to the filing.

The AP was not able to locate a current phone number for Torgerson and his companies. [AP]Emily Schmall

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