The Home Equity Theft Reporter: S. Florida Foreclosure Mill Faces Civil RICO Charges In Suit Seeking Class Action Status; Allegations Include Manufacturing Phony Mortgage Assignments
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The mortgage home foreclosure process relied upon shoddy and fraudulent document paperwork, (RICO), now as civil class action suits in two states, have hit the nail on the head. The civil suit says the banks do not have proper title to the homes on which they are foreclosing.
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RALEIGH, N.C. – Jan. 21 (SEND2PRESS NEWSWIRE) — Not a day goes by without the media reporting on the national mortgage meltdown and tightening guidelines for home loans. But one local mortgage.