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Real Estate & Property Law

: The Home Equity Theft Reporter

Maryland Man Cops Plea In Sale Leaseback, Equity Stripping Ripoff That Targeted High-Equity Homeowners With Unaffordable House Payments

By r morris

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From the Office of the U.S. Attorney (Baltimore, Maryland):James William Fox II, age 40, of Crofton, Maryland, pleaded guilty [] to conspiracy to commit wire fraud in connection with a mortgage fraud scheme which promised to help homeowners facing foreclosure keep their homes, but left them with no equity and no longer holding the title to their properties.***According to Fox?s plea agreement, he

Full post as published by The Home Equity Theft Reporter on October 05, 2010 (boomark / email).

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