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Real Estate & Property Law

: The Home Equity Theft Reporter

Authorities Have Their Hands Full As Real Estate Operators Shift From Equity Stripping Scams To Upfront Fee Loan Modifications

By r morris

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The New York Times reports: As home values across the country continue to plummet, the authorities say a new breed of swindler is preying on the tens of thousands of homeowners desperate to avoid foreclosure.Until recently, defrauders tried to bilk homeowners out of the equity in their homes. Now, with that equity often dried up, they are presenting themselves as ?foreclosure rescue companies?

Full post as published by The Home Equity Theft Reporter on January 15, 2009 (boomark / email).

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