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Real Estate & Property Law

: The Home Equity Theft Reporter

Arizona Man Cops Guilty Plea In Loan Modification Scam

By r morris

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The Arizona Daily Star reports:A Glendale man has pleaded guilty to fraud charges in connection with a mortgage loan scam that bilked 47 homeowners, the Attorney General's Office said. Bobby John Herrera, 33, will be sentenced May 13 and he faces five years in prison as well as $73,000 in restitution payments to victims.(1)According to investigators, Herrera told struggling homeowners he could

Full post as published by The Home Equity Theft Reporter on April 21, 2009 (boomark / email).

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