Tags » Mortgage Rescue

New law offers homeowners more protection from mortgage rescue fraud

More protection is on the way to prevent Hawaii homeowners from becoming targets of mortgage rescue fraud.

Gov. Neil Abercrombie signed Wednesday House Bill 2275 (Act 26), a measure that goes after out-of-state lawyers, as well as local agents and associates who are making false promises to homeowners. 179 more words

News

Local Woman Sentenced Involving Mortgage Foreclosure Scam

St. Louis, MO (KMOX) – Marien Brown was sentenced to 18 months in prison, and ordered to pay approximately $250,000 restitution for falsely representing that she operated a “mortgage rescue” or “foreclosure rescue” service. 295 more words

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Strategic Mortgage Default—A nation in distress

When a homeowner is facing troubles in paying their mortgage and stops making payments, they then move into mortgage default.

A recent study showed that about 35 percent of homeowners strategically go into default, according to a report in the… 222 more words

The Foreclosure Law Center

Frustrated, New York’s Courts focus on foreclosure prevention

A new program is in talks among New York’s courts in efforts of minimizing delays in the foreclosure process and keeping those in mortgage default… 162 more words

The Foreclosure Law Center

Pruitt rejects relief money for Oklahoma foreclosure victims—Only state to opt out

Two weeks ago, when the foreclosure fraud settlement finally became official, 49 states accepted the deal while Oklahoma Attorney General Scott Pruitt decided against having the state sign on. 168 more words

The Foreclosure Law Center