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Real Estate & Property Law

: The Home Equity Theft Reporter

Hawaii Feds Bust Four Foreclosure Rescue Operators In Alleged Equity Stripping, Sale-Leaseback Scam Targeting Financially Strapped Homeowners

By r morris

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In Honolulu, Hawaii, the Honolulu Advertiser reports:The two top executives of a Honolulu mortgage company were indicted by a federal grand jury for allegedly coordinating a scheme that bilked banks and troubled homeowners out of hundreds of thousands of dollars, court documents show.(1)***They are accused of targeting homeowners on the brink of foreclosure ? including some who were members of

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

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