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: The Home Equity Theft Reporter

B.C. Appellate Court Sides With Victims Who Lost Homes In Deed/Refinance Scams Involving Use Of Forged Documents; Duped Lenders End Up Holding The Bag

By r morris

In Vancouver, British Columbia, The Canadian Press reports:The B.C. Court of Appeal wants the province to come up with stricter laws forcing lenders to do a better job of vetting mortgage applicants to ensure they aren't securing property that's been stolen. In a ruling issued [last] Monday, the Court of Appeal concluded that it shouldn't be good enough for anyone lending money for a mortgage to

Full post as published by The Home Equity Theft Reporter on April 12, 2009 (boomark / email).