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Real Estate & Property Law

: The Home Equity Theft Reporter

State AGs Opting For Civil Lawsuits In Lieu Of Criminal Prosecutions In Combatting Foreclosure Scams

By r morris

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A recent Associated Press story reports on how some state attorneys general are pursuing loan modification scams:[W]hile some states have recently toughened penalties for perpetrating the booming business of foreclosure scams, and some prosecutors have used existing fraud statutes to bring criminal charges, the reaction of many state prosecutors are civil actions designed to recover a victim's

Full post as published by The Home Equity Theft Reporter on March 20, 2009 (boomark / email).

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