A CALIFORNIA LAW FIRM ACCUSED OF AIRING MISLEADING ADS IN NEW MEXICO AGREES TO A SETTLEMENT WITH THE STATE A-G'S OFFICE. SPOKESMAN PHIL SISNEROS SAYS GRANITE LAW OFFERED A MORTGAGE HOTLINE, CHARGING HOMEOWNERS UP-FRONT FEES TO PREVENT FORECLOSURE. HE TELLS US THAT'S ILLEGAL UNDER STATE LAW … AND GRANITE ALSO LACKS A LICENSE TO OPERATE IN NEW MEXICO.
THE LAW FIRM HAS AGREED TO PAY 25 THOUSAND DOLLARS TO COVER ANY CLAIMS.
SISNEROS SAYS THE ATTORNEY GENERAL'S OFFICE HAS A FREE HOMEOWNERSHIP PRESERVATION PROGRAM THAT HELPS WITH FORECLOSURES.
