Perhaps AG Kamala Harris should step in to investigate this matter ASAP!
CBS-
A 93-year-old woman is facing foreclosure after taking a second mortgage out on her West Hollywood home.
Hilda Vinalas took out a loan after facing financial troubles after her husband, Henry, died.
The couple purchased the home 60 years ago for $30,000 and paid it off in full.
Vinalas told KCAL9’s Amy Johnson she thought the loan, purchased from Lehman Brothers, was a fixed loan for $140,000.
“They made me sign many papers, and I could’ve signed my death sentence because I didn’t know what I was signing,” Vinalas said.
The loan turned out to be an adjustable rate mortgage for $750,000.
[CBS]