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Real Estate & Property Law

: The Home Equity Theft Reporter

Arizona AG Shuts Down Foreclosure Help Outfit That Allegedly Promised To Buy Clients' Defaulted Loans From Lenders, Then Re-Work Payment Terms

By r morris

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In Scottsdale, Arizona, KPHO-TV Channel 5 reports:State regulators have shut down a mortgage rescue company that CBS 5 investigators exposed one week ago. [... Homer] Becker and thousands of other homeowners said they handed over $1,595 each to Guardian [Group], which was supposed to buy their homes from the bank and then sell them back to the homeowners at a reduced price.(1) However, dozens of

Full post as published by The Home Equity Theft Reporter on May 10, 2010 (boomark / email).

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