AG Ferguson sues company for scamming foreclosed homeowners
Company deceives foreclosed homeowners to gain access to surplus funds
OLYMPIA — Attorney General Bob Ferguson filed a consumer protection lawsuit against Kirkland- and Portland-based Real Estate Investment Network, LLC (REIN), accusing the company of scamming foreclosed homeowners out of equity in the form of surplus funds from the sale. These surplus funds can amount to tens of thousands of dollars from each homeowner.