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Real Estate & Property Law

: The Home Equity Theft Reporter

Victimized Homeowners Receive $125K+ Restitution For Unpaid Taxes & Insurance In Escrow Ripoff; State Loan Originators Pick Up Tab For Defunct Racket

By r morris

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From the Office of the Indiana Attorney General:Attorney General Greg Zoeller [] announced 97 financial fraud victims have received $125,679.22 in restitution for taxes and insurance bills that went unpaid by defunct American Escrow, a Chicago-based company."Paying property taxes and insurance is not optional for homeowners. Escrow accounts give people a peace of mind that critical bills will be

Full post as published by The Home Equity Theft Reporter on August 13, 2010 (boomark / email).

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