The Home Equity Theft Reporter: Title Closing Company Owner Gets 10+ Years In Cash Back Mortgage Scam

Six years into. messages and no one ever calls me back!” But then Abra found something that worked. She called the Making Home Affordable office, the program set up by the Obama Administration to.

The rapid growth in and changes to the reverse mortgage market have created a lucrative environment for fraudulent activities. The vast majority of reverse mortgage loans are offered through HUD and are FHA-insured; the products are commonly referred to as Home Equity Conversion Mortgages (HECMs).

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Both candidates have arguments on their sides in the debate debate. clinton aides note more than 10 million viewers tuned into the debate in Philadelphia and only a handful of the sessions have.

The documents that are necessary to sell a car for scrap include the title and an ID.. In the years prior, lending institutions allowed for massive mortgage debt, which. Our “cars for cash” program is quick and simple, allowing you to get cash. of attempted grand theft and felony recycling fraud' with the following details:.

If you’ve been pre-approved for a mortgage and learn that the lender has filed for bankruptcy, call to find out if or when the company intends to make good on your loan. If the lender can’t – or has gone out of business altogether – start shopping around for another mortgage immediately.

Money Laundering and Mortgage Fraud: The Growth of a Merging Industry Katalina M. Bianco, J.D., CCH Writer Analyst, Subprime, Mortgage, and Securitization. Multi-lien home equity frauds.. He represented to the title companies at closing that he

 · Having clear title is more than just knowing who owned the house in the past; title insurance can protect against, say, unpaid specials that the estate missed that suddenly gets a lien on the property next year, or a poorly-recorded mortgage on the neighbor’s property that doesn’t include the easment for your driveway.

As a home equity loan alternative, the Point product allows you to tap into the equity in your home without the monthly payments that come from a traditional home equity loan or line of credit. This product primarily targets the home-equity-rich who are in need of cash for reasons such as a home improvement project or to eliminate debt.