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Real Estate & Property Law

The Home Equity Theft Reporter The Home Equity Theft Reporter

Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues.
By r morris

Post Frequency: 25.7/day

Last Entry: September 06, 2017 at 04:02:00

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One Week "Moratorium" On Ft. Lauderdale-Area Foreclosure Sales As Busted Water Pipe Floods Courthouse, Forcing Facility Shutdown

Posted on December 03, 2008
In Fort Lauderdale, Florida, the South Florida Sun Sentinel reports: The Broward County Courthouse will be closed for most purposes through Friday after severe flooding knocked out the phone system and soaked reams of legal papers, court officials decided [Tuesday]...


NYC Lawmakers Urged To Establish Right To Counsel In Eviction, Foreclosure Proceedings

Posted on December 03, 2008
In a letter urging the City Council of New York City to pass laws which would establish a right to counsel in eviction and foreclosure proceedings for low income persons, Ann B. Lesk, President of the New York County Lawyers' Association, reminds us of the inherent unfairness in the results emanating from a judicial system where only one party is represented by counsel: [T]he backbone of our


Attorneys At Upcoming St. Paul Legal Clinics To Provide Free Mortgage Document Review For Homeowners Facing Foreclosure

Posted on December 03, 2008
In St. Paul, Minnesota, MinnPost.com reports: Three free legal clinics for homeowners worried about foreclosure will be held in St. Paul. Homeowners can have their mortgage documents and related foreclosure notices reviewed by an attorney for free and get connected to a housing counselor...


Hedge Fund Sues Countrywide Over $8.4B Bank Of America Loan Modification Settlement Of Predatory Lending Charges With State AGs

Posted on December 02, 2008
In New York City, Bloomberg News reports: Countrywide Financial Corp., the home lender acquired by Bank of America Corp., was sued by Greenwich Financial Services Fund over claims an agreement to reduce payments on mortgages by $8.4 billion would hurt investors...


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Alleged Hampton Roads Equity Stripping Scam Operation Leaves Homeowners Out On The Street, Straw Buyers Holding The Bag

Posted on December 02, 2008
In Hampton Roads, Virginia, The Virginian Pilot reports: [T]he alleged scammers presented themselves as saviors of financially distressed - often first-time - homeowners, promising to repair their credit and save their homes. Instead, they recruited straw buyers to purchase the properties - in the process taking out bigger mortgages - and walked away with the proceeds...


Investigative Report Reveals Blight-Inducing Tampa House Flipping Operation; 35 Homes Ended Up In Foreclosure (And Counting)

Posted on December 02, 2008
In Tampa, Florida, an investigative report by the St. Petersburg Times describes an apparent blight-causing, straw buyer, house flipping operation involving what it refers to as "a constellation of 90 homes stretching across Tampa, all bought and sold in the past four years by a 34-year-old tattoo parlor owner...


Washington State Victim Of Alleged Sale Leaseback Foreclosure Rescue Scam Goes To Court To Save Home Of 35 Years

Posted on December 02, 2008
In Bellevue, Washington, KING-TV Channel 5 reports: Karen Handlin has been narrowly saved from eviction ? for now. She?s filed a first-of-its-kind lawsuit in Western Washington to save the house her family has owned for 35 years. Handlin almost lost it to foreclosure and then, she says, to a company called Alternative Investors, which claimed it could rescue her from foreclosure...


360 Unit Owners Dragged In As Defendants In Mechanics Lien Lawsuit Between Contractor, Condo Developer

Posted on December 02, 2008
In Northern Virginia, Washington Business Journal reports: As the sun set over Potomac Yard on Nov. 7, owners at The Eclipse condominium community came home to an unpleasant surprise. Nearly three-quarters of the units had a two-inch-thick stack of legal papers on their doorsteps, notifying the owners that every one of them was being pulled into a lawsuit between their developer and the
















Commercial Morgage Meltdown On The Horizon

Posted on November 28, 2008









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