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May 27, 2009 | Joe Gross | Comments 0 | Filed Under: DailyGovernmentNewsWall StreetWorld

Koster sues Gateway Mortgage Modification

Missouri Attorney General Chris Koster on Tuesday sued a St. Louis company that allegedly failed to offer the foreclosure relief and mortgage modifications it promised to Missourians.

Koster said the company, Gateway Mortgage Modification, charged “large sums of money and promised it would negotiate a new, workable solution on the client’s existing mortgage, including a change in the terms of a loan in order to help the borrower stay in the home and avoid foreclosure.”

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