A man who evicts people from their repossessed homes feels their pain.
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foreclosure, reposession, video April 2nd, 2008
SACRAMENTO (Reuters) - U.S. officials said on Monday that they had charged 19 people with targeting desperate homeowners facing foreclosure and stealing at least $12.6 million through illegal mortgage and loan activities.
At a news conference ...
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foreclosure, mortgage scam March 25th, 2008
Colorado Attorney General John Suthers on Monday announced indictments against 10 individuals who allegedly participated in a large mortgage-fraud operation.
Those indicted face 29 charges, including theft, forgery, computer crime and violations of the Colorado ...
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foreclosure, mortgage fraud March 25th, 2008
Also: Is a 'secured' card a good way to repair damaged credit?
With millions of Americans at risk of default and foreclosure on their mortgages, Simon in Florida has a question that’s on a lot of ...
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default, foreclosure March 24th, 2008
Robert and Yvonne Cromer began investing in real estate in 2000, when they tapped the equity in their College Area home to buy a nearby rental property.
Over the next few years, the San Diego County ...
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foreclosure, homeowners, investors, san diego March 23rd, 2008
The House of Delegates overwhelmingly passed bills yesterday creating a criminal statute allowing authorities to prosecute mortgage fraud and prohibiting "foreclosure rescue transactions," in which homeowners are tricked into signing over residences to third parties.
Read ...
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foreclosure, mortgage fraud March 21st, 2008
The Bush administration has abandoned its doctrinaire insistence on market-led solutions to the unfolding mortgage crisis, and President George W. Bush has expressed support for recent Federal Reserve measures to stabilize capital markets.
Yet the administration's ...
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foreclosure, homeowners March 19th, 2008
Feb. 19 (Bloomberg) -- Mortgage companies including Fannie Mae and HSBC Finance joined a U.S. Treasury Department-led effort to offer 30-day foreclosure freezes to give delinquent borrowers more time to arrange payment plans.
Remaining members of ...
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foreclosure, mortgage companies February 21st, 2008