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Real Estate & Property Law

: The Home Equity Theft Reporter

Hawaii Feds Bag Five Suspects In Another Alleged Sale Leaseback, Foreclosure Rescue Scam

By r morris

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In Hawaii, the Honolulu Advertiser reports:Five people(1) were arrested by the FBI yesterday in connection with an alleged foreclosure bailout scheme that took hundreds of thousands of dollars from local lenders and residents and cost some their homes.***According to court documents, those arrested promised to help struggling homeowners stave off foreclosure if the homeowners agreed to a "sham"

Full post as published by The Home Equity Theft Reporter on April 27, 2009 (boomark / email).

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