California Real Estate Fraud Report

You have just entered the #1 private-sector resource on the Internet for real estate fraud. In doing so, you have voluntarily left the dimension of the conventional real estate world and crossed over to the Dark Side, the realm where greed, dishonesty and evil are the order of the day. Sign up for a free subscription to this comprehensive news resource and receive weekly, timely news reports about real estate fraud, mortgage fraud, short sale fraud, REO fraud, title fraud, loan fraud, appraisal fraud, affinity fraud, loan modification scams, securities fraud and elder financial fraud. *** AS OF NOVEMBER 2017, THE CALIFORNIA REAL ESTATE FRAUD REPORT IS 10 YEARS OLD! ***


There’s a New Real Estate Fraud Unit in Town

The Los Angeles County Board of Supervisors is creating a new Real Estate Fraud/Predatory Lending Task Force to help homeowners who may have been victimized by predatory lending practices. Newly-elected Supervisor Mark Ridley-Thomas believes such as task force is necessary in Los Angeles County, where foreclosures have increased elevenfold in the last three years.

From 2006 to 2008, the number of home foreclosures in the L.A. County increased from 3,151 to 35,811.

The new task force may grow to include state and federal agencies

Complaints are already coming in from people victimized by the deceptive practices of home loan modification facilitators and foreclosure consultants, who often demand upfront money (ILLEGAL in the state of California) and promise the homeowner they will get them a loan modification.

Read this excellent consumer Article from the Inland Valley Daily Bulletin.

© Copyright 2007-2018 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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