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Real Estate & Property Law

: The Home Equity Theft Reporter

Lender's Foreclosure Attempt Of Alleged Predatory Loan To 75-Year Old Widow Hits Roadblock As C. Florida Non-Profit Law Firm Steps In, Files Suit

By r morris

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In Sarasota, Florida, the Sarasota Herald Tribune reports:Mildred McClendon's troubles with a small second mortgage show just how quickly people caught up in predatory home loans can find themselves on the verge of losing their home. The 75-year-old Sarasota widow, her attorneys say, was granted a second mortgage that was written up illegally, and the lender then tried to foreclose, even though

Full post as published by The Home Equity Theft Reporter on September 28, 2010 (boomark / email).

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