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Why Sell and Rent Back Real Estate Scheme Was a Success

9 hours ago ago from Properties and Apartments

In real estate, many opportunities exist for making money but one in particular was devised in 2006, known as the sell and rent back scheme, as a means of helping out homeowners at risk of losing the property. The concept was to get away from repossession or foreclosure by selling and renting the home back. For about a year, this scheme continued to evolve into a diverse type of plan for helping the homeowner. Citizens that had owned ...

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Southern California Real Estate Update

10 hours ago ago from Web Hosting

Southern California Real Estate Update Southern California real estate values continue their uncertain wobble from the deep discounts that occured at the beginning of the sub-prime mortgage collapse. While prices in many areas are down, there are still a few bright spots on the map of what used to be the land of unending real estate appreciation. Real estate investors, however, have not failed to notice the numerous opportunities ...

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5 charged in PA based foreclosure rescue fraud scheme allegations

18 hours ago ago from Daily Mortgage Fraud News

In the following press release it was announced that a 15-count Indictment was filed today against five defendants charged in a $14.6 million mortgage fraud scheme that resulted in at least 35 fraudulent mortgage loans. The announcment was made by United States Attorney Michael L. Levy, Special Agent-in-Charge of the FBI Janice K. Fedarcyk, and Pennsylvania Secretary of Banking Steven Kaplan. Charged are Edward G. McCusker and John Alford ...

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California Securities Fraud Lawyer Blog

22 hours ago ago from California Securities Fraud Lawyer Blog ::Published by San Mateo, California Securities Fraud Attorney :: Broker Fraud Lawyer :: Alcala Law Firm

Since my last two blog postings about the Medical Capital securities class action lawsuits pending in California, I have heard from several investors that were defrauded into purchasing not only Medical Capital Holdings, but also Provident Asset Management. Brokers who recommended either one of these investments have a lot of explaining to do. Before recommending any investment, brokers have a fiduciary duty to exercise due diligence in ...

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Five indicted in Philly foreclosure rescue and fraud scheme | ...

5 hours ago ago from NationalMortgageProfessional.com | Daily Mortgage Industry News

Subscribe : Username: * Password: * SIGN UP | Forgot Password? Residential Commercial Reverse Originations Compliance Marketing Sales Secondary Servicing Technology Trends Home Five indicted in Philly foreclosure rescue and fraud scheme Wed, 2009-12-09 09:19 — NationalMortgag... A 15-count indictment has been filed against ...

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