1 Articles match "Foreclosures","Los Angeles","Rescission"

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Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud. The homeowner said he was trickedinto signing over the title of his home by a scam artist who didnothing to stop the foreclosure and then took out another loan againstthe property with no intention of paying it off. The article goes on tomake the case that foreclosure It is a crime thatconsumer advocates fear could become increasingly common — especiallyin Southern California, where many homeowners have stretched themselvesto their financial limits to afford the regions record high housingprices. "The
www.foreclosurepulse.com - Tuesday, December 16, 2008
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  • Separating the wheat from the chaff: legitimate foreclosure investors vs. scammers
    An article in the Los Angeles Times onTuesday documented the sad story of a defaulted homeowner who was thevictim of alleged foreclosure fraud. The homeowner said he was trickedinto signing over the title of his home by a scam artist who didnothing to stop the foreclosure and then took out another loan againstthe property with no intention of paying it off. The article goes on tomake the case that foreclosure It is a crime thatconsumer advocates fear could become increasingly common — especiallyin Southern California, where many homeowners have stretched themselvesto their financial limits to afford the regions record high housingprices. "The
    www.foreclosurepulse.com - Tuesday, December 16, 2008
    READ MORE