The Home Equity Theft Reporter: South Florida Mortgage Broker, Others Accused In Foreclosure Rescue, Equity Stripping Lawsuit

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 · Eloise spanning The home equity theft reporter: South florida mortgage broker, Others Accused In Foreclosure Rescue, Equity Stripping Lawsuit Foreclosure rescue scams & home equity theft. How they work and how to avoid them. They then use deceptive tactics to obtain ownership of your home for a fraction of its market value, and leave you homeless yet still the holder of the mortgage.

Equity stripping – the process of reducing the equity value of a real estate asset – is one of the oldest asset-protection strategies. Because of the personal relationship, owners assume that the lender will not foreclose in case of a period of slow or non-existent loan payments.

Your refinance or home equity loan is less than 3 years old. Also, the lender did not accurately tell you information about the loan’s Annual Percentage Rate (APR). What is a mortgage foreclosure?If you don’t pay your mortgage payments, your bank can file a lawsuit to sell the property. This is called a.

Homestead Waiver Declared Invalid; Big Win For Florida Homeowners As State Exemption From Forced Sale Dodges Bullet California College: 05/07/05 2000-12-19T02:05:07-05:00https://images.c-span.org/Files/b31/20001219020937001_hd.jpgTennessee electors cast their votes for President and Vice President of the United States. Tennessee’s eleven.Fresh Off a Senior Major, Stricker Returns to Bethpage  · Stricker is more closely linked this week to Phil Mickelson. They are the only two players at the PGA Championship who have played all four rounds of all four tournaments at Bethpage – the U.S. Open in 2002 and 2009, and The Barclays in 2012 and 2016. Stricker is a late arrival, but he knows what he’s about to face.NOTICE TO TAXPAYER AND optometrist: section 196.131(2), Florida Statutes, provides that any person who knowingly and willfully gives false information for the purpose of claiming homestead exemption commits a misdemeanor of the first degree, punishable by a term of imprisonment not exceeding 1 year or a fine not exceeding $5,000, or both.

In an equity theft scam, the perpetrator will purchase a home that is in foreclosure or distressed The home is then sold to a senior citizen, who takes out a reverse mortgage after occupying the Sometimes reverse mortgage fraud involves more subtle deception – the lender or other advisor is.

Equity Stripping or Foreclosure Rescue Scams Was the homeowner in foreclosure, and then sold their home with the agreement that they would be able to purchase the property back at a later date? You may also ask if the person made an agreement with a foreclosure rescue company or worked.

Other homeowners and real estate professionals are facing similar troubles in Miami Beach and beyond.. posted by Home Equity Theft Reporter at 4:02 AM. But with their foreclosure still looming, and repairs to their new home far from.. Lawsuit: Potentially Thousands Of Former Tenants Were Allowed To Live In.

Mortgage fraud trends in 2008 reflected the overall downturn in the US economy initiated by the sub-prime mortgage crisis of 2007. The US stock markets suffered their deepest losses since the 1930s; unemployment increased dramatically; the mortgage loan industry reported a spike in foreclosures.