Home Buyers Problems Often Begin at the Mortgage
The process appears simple. You call a few real estate brokers about homes you’re interested in and after brief consultations with each broker you schedule appointments for a weekend you can view them. After viewing a few properties you narrow your choices to those that meet all or most of your wants and needs. You make an offer and, if your fortunate, the broker informs you that the owner has accepted it. Congratulations, your work is done. Or is it?
Predatory Lending: Confessions from Inside the Fraud
While we continue to make every effort to bring you a view into the brazen, unapologetic, predatory lending practices that have caused the Foreclosure Crisis in our weekly series, Thursday Perp Walk: Lifestyles of the Charged, Tried and Convicted, your about to see the lengths that Mortgage Lenders and Wall Street went to in the name of GREED. View the video and see how it was done.
Thursday Perp Walk: Lifestyles of the Charged, Tried and Convicted
Thursday Perp Walk, a regular feature on MyBrooklynReport.com, will introduce you to the social predators who preyed on unsuspecting home buyers, home owners and home lenders. Perpetrating mortgage fraud in real estate usually begins with just two people with quite a bit of cooperation from individuals behind the scenes. Witness the ease of these smooth criminals caught in their greed.
Are Banks Interested in Modifying your Existing Mortgage?
The investigative news report at the end of this post by Brian Ross, Chief Investigative Correspondent for ABC News, chronicles the experiences of elderly homeowners faced with the peril of losing their homes. In their attempts to stave off the threat of foreclosure, each homeowner makes earnest attempts to reach the appropriate staff within their [...]
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