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Real Estate & Property Law

: The Home Equity Theft Reporter

Owner Of Now-Defunct Title Company Admits Swiping Closing Proceeds Intended To Pay Off Existing Mortgages, Leaving Homeowners Facing Foreclosure

By r morris

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In Louisville, Kentucky, WHAS-TV Channel 11 reports:In an exclusive interview with WHAS11 News, the former owner of a Louisville title company admits to misappropriating mortgage money. His actions could cost a number of people their homes.Wavy Curtis Shain appeared in federal court Tuesday, but the court did not accept his guilty plea, pending a better explanation of the charges by the U.S.

Full post as published by The Home Equity Theft Reporter on April 10, 2009 (boomark / email).

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