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Real Estate & Property Law

: The Home Equity Theft Reporter

Alleged Sale Leaseback, Foreclosure Rescue Scammers To Pay $110K & Restore Title To Property Acquired From Unwitting Homeowners Seeking Help

By r morris

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In Ellicott City, Maryland, The Balimore Sun reports:Two Owings Mills-based mortgage firms accused of running a "foreclosure rescue scheme" have agreed to pay $110,000 in cash restitution as part of a settlement that saved the Ellicott City homes of two elderly women, one of whom has since died after becoming a victim.Poor health and related bills left the two women behind on mortgage payments in

Full post as published by The Home Equity Theft Reporter on December 17, 2009 (boomark / email).

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