Equity stripping, also known as equity skimming, is a type of foreclosure rescue scheme.. rescue artists obtain contact information for foreclosed homeowners and. upfront, free monthly rent and a chance to retain their houses in the long run.. Rampant Theft of Americans' Homes Through Foreclosure 'Rescue' Scams .
DREAMS FORECLOSED: The Rampant Theft of Americans' Homes Through. The “rescuer” identifies distressed homeowners through public foreclosure notices. face-to-face sales pitches – or the homeowner's belief that s/he is in the. complex documents that disguise the “rescuer's” equity-stripping intent, and.
The Home Equity Theft Reporter: Jury Convicts South Florida Pair Accused Of Running Sale Leaseback, Equity Stripping Foreclosure Rescue Racket That swindled distressed homeowners. Jose Murray Florida FHA Loan News.
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Jury Convicts South Florida Pair Accused Of Running Sale Leaseback, Equity Stripping Foreclosure Rescue Racket That Swindled Distressed Homeowners From the U.S. Department of Justice (Washington, D.C.):
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Rockland County da: phony mortgage broker Clipped Couple For $26K. Griffin found a foreclosed home for sale at $108,000 that he. woman accused Of Running $50M Mortgage Fraud, Rent-To-Own.. See Criminal Prosecutions Of Sale Leaseback Peddlers In Equity Stripping Foreclosure Rescue.
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