Read more on the Residential Relief Foundation and its mortgage scams here and here.

The FTC has announced that it will be distributing over $1 million to homeowners who were scammed by the Residential Relief Foundation’s mortgage relief scams. ¬†Unfortunately, due to the large number of people who were swindled, each victim will receive a grand total of $62.50.

For more information, please read this press release from the FTC.