The Home Equity Theft Reporter: South Florida Feds Charge Three In Alleged Mortgage Scam Resulting In $6M In Fraudulently Obtained Loan Proceeds

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h/t Home Equity Theft Reporter In September 2010, Residential Credit Solutions began rejecting Hammer’s monthly payments and refused to acknowledge the existence of the loan modification. RCS then proceeded to prosecute two separate foreclosure actions against Hammer, despite the fact that Hammer, still to this day, has tendered all of her monthly payments as required under the loan modification agreement.

The Home Equity Theft Reporter Cases & Articles – Posted by Home Equity Theft Reporter at 12:01 AM 0 comments Links to this post Monday, September 14, 2015 Florida Appeals Court Slams Brakes On Sloppy Foreclosing Lender’s Attempt To Enforce Mortgage Where Only One Of Four Co-Owners Signed The Paperwork; Rejects Assertion That Non-Signatory owners ratified mortgage Through Their Conduct

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News related to the Foreclosure Crisis – MSFraud.org – Home Equity Theft Reporter: Wells Fargo Bank agreed to pay $42 million to settle a complaint that it failed to maintain foreclosed properties in minority neighborhoods, turning the vacant houses into dilapidated eyesores. The housing groups filed similar complaints against Bank of America and U.S. Bancorp, which are still pending.

Bernie Madoff's Shady Schemes Should Have Set off Alarms Long Ago – And even with mortgage rates plummeting, so many homeowners are "underwater" — owing more on their homes than they’re worth — that they’re unable to refinance because the equity isn’t there. Paul Schuster, a vice president at Marketplace Home Mortgage, told the St. Paul Pioneer Press, "What I’m really concerned about is the job picture.

7/6/2018: Ron Van Den Heuvel goes to jail. FINALLY. – Prosecutors alleged that Van Den Heuvel in May paid $3,500 in cash to Oneida Golf and Country Club without the government’s approval and had previously paid nearly $15,000 to the club between September 2017 and February 2018.

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