Forty-eight New Jersey property owners have lost more than $3 million in home equity through “foreclosure rescue” schemes operated by Vest Financial and JP Global Property Management Inc., according to civil lawsuits filed by the state Attorney General’s office. The…
Your Payday Loans News Source Quoted With Edits From: State accuses [...]
City Attorney Michael Aguirre filed a lawsuit against Washington Mutual, alleging that the bank engaged in unlawful subprime mortgage lending practices.
Quoted With Edits From: City Attorney Sues WaMu Over Lending Practices (KGTV San Diego)
The Fallout Continues
Predatory lending continues to sweep the countryside with San Diego California making the latest news. [...]
WASHINGTON – Your taxpayer credit card is on the counter, all set to get the economy moving again. Caveat emptor – let the buyer beware. The value of the mortgage-backed securities the federal government is set to buy is hard to decipher when the good, the bad and the scary [...]