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Real Estate & Property Law

: The Home Equity Theft Reporter

Blind Victim Of Sale Leaseback, Equity Stripping Scam Peddled As A Refinance Now Faces The Boot, Despite "Successful" Civil Prosecution By Illinois AG

By r morris

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In Chicago, Illinois, the Chicago Sun Times reports:There's no question that Coleamer Hodges was scammed out of her South Side home. In a 2006 complaint, the Illinois attorney general office used Hodges' tragic situation to illustrate the unlawful business practices at the core of home rescue fraud, in which companies claim to help residents stay in their homes but then actually sell the homes to

Full post as published by The Home Equity Theft Reporter on February 02, 2010 (boomark / email).

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