Stephen Lyster Siringoringo also d/b/a Siringoringo Law Firm, Clausen & Cobb Management Company, Inc., and Joshua Cobb
On July 22, 2014,
the Bureau filed a complaint in federal court against Stephen Lyster
Siringoringo, also d/b/a Siringoringo Law Firm, Clausen & Cobb Management
Company, Inc., Alfred Clausen, and Joshua Cobb. The CFPB alleged that the
defendants, who offered purported home-loan modifications, asked for and
received fees from consumers before the consumers had entered into
loan-modification agreements with their lenders or loan servicers; defendants
misrepresented aspects of their services, including the likelihood that they
would obtain loan modifications on behalf of consumers; and defendants failed
to make disclosures required by law. The CFPB alleged that this conduct
violated Regulation O, formerly known as the Mortgage Assistance Relief
Services (MARS) Rule, and the Dodd-Frank Wall Street Reform and Consumer
Protection Act’s prohibition on deceptive acts or practices.
Related documents
First Amended Complaint for Permanent Injunction and Other Relief
Complaint for Permanent Injunction and Other Relief
Press release
CFPB, FTC and States Announce Sweep Against Foreclosure Relief Scammers