The Home Equity Theft Reporter: Foreclosure Environment “A Total Mess” As Loan Servicers Fail To Address Allegations Of Sloppiness, Fraud

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After my home was built, the loan transitioned into a 30-year fixed rate loan at no additional cost. Anthony T. Homeowner – Glendale, CaliforniaThe Home Equity Theft Reporter: Foreclosure Environment "A Total Mess" As Loan Servicers Fail To Address Allegations Of Sloppiness, Fraud

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Consumer Services Division www.banking.state.ny.us. Page 2. 2. What is the Home equity theft. prevention Act (HETPA)?. default on their mortgages or facing foreclosure from fraud, deception and unfair dealing.. The Equity Purchaser's full contact information, i.e. name, address and telephone number;.

"It's a huge scam," she told CNBC of her experiences with renters illegally subletting. posted by Home Equity Theft Reporter at 4:02 AM. But with their foreclosure still looming, and repairs to their new home far from complete, Abbey said she. Costs, Penalties To Settle Environment Feds' Allegations Of Failing To Provide.

When he needed to make home repairs, he turned to reverse mortgages after. Including fees and penalties, his loan servicer says he now owes more than $20,000.. “Now that asset, that equity, is being drained out of some of the most. in claims paid out to reverse mortgage lenders since the recession.