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Real Estate & Property Law

: The Home Equity Theft Reporter

Foreclosed Homeowners Getting Caught Flat Footed By Subsequent Legal Actions By Lenders For Collection Of Unpaid 2nd Mortgage Loans

By r morris

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The Wall Street Journal reports:After losing her condo in San Diego to foreclosure last year, Charissa Kolich thought that at least she was free of mortgage bills. But Wells Fargo & Co., which holds a home-equity loan made five years ago to Ms. Kolich, last month filed a lawsuit against her in the Superior Court of California, San Diego County, seeking to collect the nearly $72,000 it said she

Full post as published by The Home Equity Theft Reporter on April 13, 2010 (boomark / email).

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