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Real Estate & Property Law

: The Home Equity Theft Reporter

Bay Area Couple Charged With Peddling Phony Loan Modification Services To Homeowners Looking To Dodge Foreclosure; Fraud, Theft Charges Pending

By r morris

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In Alameda County, California, KGO-TV Channel 7 reports:A Los Gatos man and a Fremont woman face state and local felony charges over a foreclosure scheme. Prosecutors say Michael Young and Angeline Lizarrago targeted Spanish-speaking and Southeast Asian homeowners.Investigators say they promised to prevent foreclosures be renegotiating loans. Customers were charged $1,500 to begin the process,

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

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