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Real Estate & Property Law

: The Home Equity Theft Reporter

Some Washington State Homeowners Fall For Pitch Peddling Foreclosure Defense 'Strategy' Asserting 'Sweat Equity' Liens Against Lenders

By r morris

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The Seattle Times reports: Fueled by a strange cocktail of legal theories, some Puget Sound-area homeowners facing foreclosure are slapping their lenders with multimillion-dollar "sweat equity" counterclaims and other measures promoted by shadowy consultants.But the maneuvers may only deepen the financial and legal difficulties of struggling borrowers. "No reason to waste the money," said a

Full post as published by The Home Equity Theft Reporter on March 30, 2011 (boomark / email).

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