California Real Estate Fraud Report

NOW THE #1 PRIVATE RESOURCE ON GOOGLE FOR REAL ESTATE FRAUD! This blog educates law enforcement and consumers as to real estate fraud and other real estate crimes being committed in California. Sign up for a free subscription to the most comprehensive news source for real estate fraud and receive weekly, timely news reports about real estate fraud, mortgage fraud, short sale fraud, REO fraud, loan fraud, appraisal fraud, affinity fraud, loan modification scams, securities fraud, rent skimming and elder financial fraud. – Monique Bryher

11
Feb

Banks Can’t Lie on Loan Modification Promises

Homeowners in distress who try to get loan modifications from their lenders have an additional frustration: bank fraud that occurs when the bank promises a loan modification and then reneges on the deal.

A ruling by the Second District Court of Appeal in Los Angeles could change loan modification fraud committed by banks: a woman who refrained from protecting her home in Bankruptcy Court after U.S. Bank promised her a loan modification, then foreclosed on the home and evicted her, has been given the green light to sue her lender for bank fraud.

Read the full article in SF Gate.

This entry was posted on Friday, February 11th, 2011 at 7:31 am and is filed under Bank Fraud, Loan Modification Fraud. Responses are currently closed, but you can trackback from your own site.

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© Copyright 2007-2012 Monique Bryher

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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