The Home Equity Theft Reporter: Lender’s Improper Calculation Of Interest Sinks Foreclosure Action, Leaves It Holding A Criminally Usurious Mortgage Loan Subject To Cancellation

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Lender’s Improper Calculation Of Interest Sinks Foreclosure Action, Leaves It Holding A Criminally Usurious Mortgage Loan Subject To Cancellation A recent court ruling by a Florida appeals court shows how a private mortgage lender, by engaging in certain practices, can find itself unwittingly holding the bag on what a court finds to be a criminally usurious loan that is unenforceable and subject to cancellation .

As if illegal seizures of Associated Press phone records and the shadowy tailing of the mother of a Fox News reporter weren’t menacing enough, the Obama administration is going out of its way to institute a new intrusive surveillance of the press, as if the press wasn’t supine enough.

Home equity loan or home equity line of credit could dash your dreams of. line to receive any funds if you should lose your home to foreclosure.. Lenders holding second mortgage loans are usually willing to grant a. "If the request is in the best interests of the borrower, we will usually.. View Calculator.

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Do you believe that you're a victim of a home equity fraud?. fraudulent real estate documents, mortgage foreclosure consultant fraud, or home equity sales contract fraud.. accounts, but the most common method includes identity-theft scams.. Home equity fraud can also be committed by lenders when a.

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