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Real Estate & Property Law

: The Home Equity Theft Reporter

Denver Pastor Charged In Flipping Scam; Used Two Unwitting Churchmembers As Straw Buyers On 8 Homes Ultimately Ending In Foreclosure, Say Authorities

By r morris

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In Denver, Colorado, KMGH-TV Channel 8 reports: A Denver pastor, indicted for alleged mortgage fraud, turned himself into authorities late Thursday. The indictment alleges that Harold Joe Hicks used surrogates to purchase property and then falsified mortgage applications to get lower interest rates."He would bring nearly completed mortgage applications... and (would) have the surrogate buyer

Full post as published by The Home Equity Theft Reporter on December 22, 2008 (boomark / email).

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