A former Libertyville woman imprisoned in the mid-1990s after she bilked dozens of Lake County home buyers out of millions of dollars was sentenced in federal court Friday to 12 years in prison for.
Yao Fou Hinh Chao is a trusting man. But after two loan mortgage modification scams bilked him out of more than $4,500, putting him at risk of losing his Skyway home to foreclosure, the 60-year-old Chao did not know whom to trust. Enter the Northwest Justice Project, a legal aid organization that.
In general, any company that tries to charge you a fee for mortgage counseling, a loan modification, or other kinds of mortgage relief is most likely a scam. The few programs that can truly help distressed homeowners, like the MHA programs, are free.
A mortgage originator from Chicago stands accused of running a reverse mortgage scam and defrauding elderly homeowners and lenders out of $7 million. According to the U.S. Attorney’s Office for.
Fannie Mae begins eviction moratorium next week Carrington opens mortgage lending to borrowers with bad credit carrington mortgage services. Unlike the other lenders, Carrington Mortgage Services seems to bend over backward to help people with low credit scores become homeowners. They don’t just work with you if you have below-average credit, they’re even willing to work with you if your score is as low as 550.Mortgage apps drop 3.5%, refis drop 8% transunion: mortgage delinquency rate slows in 2014 · While the rise in delinquency rate should be modest, total auto debt per borrower will increase significantly, to $17,966 at the end of 2014 from $16,942 at the end of 2013, according to TransUnion’s forecast.Feel free to drop us a line! We’re always listening to your suggestions to improve Debt Free Box.. Awesome app I’ve been using this app for nearly 8 months to track how much I pay in interest every month on credit cards, loans, mortgage, etc. it’s helped me estimate how much I’d save if I do the snowball method to pay off our debts.CHICAGO – Many consumers applying for a mortgage are going to start sharing more personal information with lenders next year, like it or not. FICO scores, the standard for determining credit risk in.
Operators charged illegal upfront fees and falsely promised to reduce or eliminate consumers’ student loan debt The Federal Trade Commission alleged that a California-based student debt relief scheme bilked consumers out of millions of dollars using false promises that they could reduce their monthly payments, or eliminate or reduce their student loan debt.
Thousands of victims – many of them working-class Haitian Americans from South Florida – are one step closer to receiving restitution for a Ponzi scheme that bilked them out of at least $30 million ..
Housing begins to directly contribute to economy Housing Economics NAHB produces in-depth economic analyses of the home building industry based on private and government data. Our economics group surveys builders, home buyers, and renters to gain insight into the issues and trends driving the industry.
Mortgage modification scammers bilked homeowners out of millions Housing Wire Three California residents are facing between 60 and 170 years in federal prison after they were convicted of running a nationwide mortgage modification scam that defrauded thousands of distressed homeowners out of millions of dollars.
Here’s what homes built specifically for Millennials look like Somehow, they’re looking to buy a house in The Woodlands and not inside the Loop, where they had rented a place close enough to walk or summon an Uber ride to their favorite restaurants and bars.Florida homeowners get huge chunk of BofA settlement My wife Mary and I are enjoying a leisurely drive back home to Florida. Of course, Mary would not think of leaving Baltimore without a Maryland crab-cake; huge chunks of lump crab-meat with very.Fitch sees 10% drop in home prices in 2011, negative outlook for MBS Assuming only a slight increase in ticket price, Fitch estimates that a 10% decline in concession spending per patron coupled with a 5% decline in attendance could reduce EBITDA margins by.
Police say 15 people have been arrested for their involvement in a loan modification scam targeting mostly Spanish-speaking victims, who have been bilked of more than $1 million.
3 Involved In inland empire loan modification scam That Targeted Financially Distressed Homeowners Guilty Of Federal Fraud Charges. business that offered bogus loan modification programs to thousands of. more than 5,000 struggling homeowners out of approximately $7 million using deceit and.