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Real Estate & Property Law

: The Home Equity Theft Reporter

North Carolina AG Adds Rent Skimming Rackets, "Subject To" Deed Conveyances To Its "Foreclosure Rescue" Radar

By r morris

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In Charlotte, North Carolina, The Charlotte Observer reports:Like others across North Carolina, [77-year-old Ruth Barbour] fell victim to a type of mortgage scheme that's become more common as businesses target homeowners desperate to get out of their houses. [...] The businesses, which say they buy and close on homes quickly, have captured the attention of state regulators and legislators, who

Full post as published by The Home Equity Theft Reporter on August 18, 2009 (boomark / email).

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