Deaths | FORECLOSURE FRAUD | by DinSFLA

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Bank Foreclosures Create Dangerous Situations, Make Banks into Slumlord Millionaires

Bank Foreclosures Create Dangerous Situations, Make Banks into Slumlord Millionaires


NBC-

A fire that killed three people in the Bronx revealed the dangers of illegally subdivided apartments, but what is less widely known is the building’s cloudy ownership status.

At dispute is a question over who was actually responsible for maintaining the property.

Click image below to go to video and article…


© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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The Mortgage Was Like a Shell Game; So Is Responsibility in 3 Deaths

The Mortgage Was Like a Shell Game; So Is Responsibility in 3 Deaths


New York Times-

The promise made by a mortgage company in San Diego could not have been more blunt. “Accredited Home Lenders offers an unusually broad line of subprime mortgage products for wholesale mortgage brokers,” the company’s Web site boasted in its heyday.

“Send us your toughest loans, and let us earn your business.”

Those were the days: from 2005 to 2007, Accredited made $29 billion in subprime loans.

© 2010-15 FORECLOSURE FRAUD | by DinSFLA. All rights reserved.



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