The Home Equity Theft Reporter: Florida Mortgage Broker, Closing Agent Sentenced In Equity Stripping / Home Improvement Scam Targeting Seniors

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This is a companion blog to The Home equity theft reporter, at http The trust deed named a real estate broker, McCormick, as trustee. Although the loan was not paid off, McCormick executed a The information, reporting, and commentary contained in The Home Equity Theft Reporter are intended.

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RP Funding pays Closing Costs on Florida Mortgage Refinances so you can get cash out and access your equity without paying Closing Costs. Your home equity could be the best way to finance home improvements, consolidate debt, make investments, or even make large purchases.

Top 10 Scams Against the Elderly – Aging Wisely

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Reverse mortgages, also known as home equity conversion mortgages (HECM), have increased more than 1,300 percent between 1999 A legitimate HECM loan product is insured by the Federal Housing Authority. It enables eligible homeowners to access the equity in their homes by providing.

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In this scam, unscrupulous home-improvement vendors and contractors target the elderly with a scheme that involves trying to sell them repairs, a remodeling project A proprietary reverse mortgage is a loan that lets senior homeowners draw on the equity in their homes through a private company.

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