Maryland Attorney General Takes $167,000 From Safeguard Properties As They Agree To Change Their Practices … Yeah! Sure They Will Change!
Under the settlement, Safeguard, the nation’s largest mortgage field services company, agreed to a host of reforms to its practices and to pay $167,000 in restitution to Marylanders allegedly harmed.
Safeguard has faced lawsuits in other states from homeowners and in June settled a lawsuit brought by the Illinois attorney general for $1 million.
Safeguard “respectfully disagreed” with the allegations, spokeswoman Megan Greenwalt said in a statement, adding that the agreement did not include findings of liability or wrongdoing by Safeguard or its contractors.