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Real Estate & Property Law

: The Home Equity Theft Reporter

Financially Strapped Couple Scores Against Home Lender; Pays $1K In Full Payment Of Allegedly Fraudulent $103K Loan

By r morris

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In Bradenton, Florida, the Sarasota Herald Tribune reports:Pedro Torres and his wife purchased the Bradenton home they were renting in 2007 because it reminded them of their native Puerto Rico. They were told their monthly payment would be $670, but it turned out to be $800, about half of their income from Social Security. The couple, both over 65, struggled so much to make payments that Torres

Full post as published by The Home Equity Theft Reporter on December 04, 2009 (boomark / email).

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