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Real Estate & Property Law

: The Home Equity Theft Reporter

Maryland Victim Of "Money Store" Equity Stripping Scam Loses Battle Against Lender Seeking Mortgage Foreclosure

By r morris

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The Maryland Court of Special Appeals ruled last week against a homeowner fighting to save her home from foreclosure where her financial predicament was exacerbated by seeking help from a now-defunct foreclosure rescue operator.(1) The court decision addressed the application of Maryland's Protection of Homeowners in Foreclosure Act (PHIFA), and how it applied as against a foreclosing lender.(2)

Full post as published by The Home Equity Theft Reporter on January 13, 2009 (boomark / email).

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