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

Final Judgment and Order

Default Judgment and Order

Complaint for Permanent Injunction and Other Relief

Press release

CFPB, FTC and States Announce Sweep Against Foreclosure Relief Scammers