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From Mortgae Fraud to HOUSE STEALING?

 
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flipper101
BP Moderator Alumnus
BP Moderator Alumnus

Posts: 2102
Location: Pleasanton, CA

PostPosted: Wed May 28, 2008 12:57 am    Post subject: From Mortgae Fraud to HOUSE STEALING? Reply with quote

Neighborhood watch: mortgage fraud, copper theft, and now house stealing

House Stealing! Shocked

http://www.tcdailyplanet.net/article/2008/05/22...use-stealing.html
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Raj
BiggerPockets Active Poster
BiggerPockets Active Poster

Posts: 52
Location: San francisco, CA

PostPosted: Thu May 29, 2008 3:44 am    Post subject: Reply with quote

how is that possible?I wonder how they did that?
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flipper101
BP Moderator Alumnus
BP Moderator Alumnus

Posts: 2102
Location: Pleasanton, CA

PostPosted: Thu May 29, 2008 8:44 am    Post subject: Reply with quote

Stuff like that happens all the time.

Check out some of the other schemes at:

http://www.mortgagefraudblog.com/
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AnnaW
Contributing Member
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Posts: 48
Location: The Northeast, NH

PostPosted: Thu May 29, 2008 10:27 pm    Post subject: Reply with quote

That's got to be the worst nightmare..
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flipper101
BP Moderator Alumnus
BP Moderator Alumnus

Posts: 2102
Location: Pleasanton, CA

PostPosted: Thu May 29, 2008 11:18 pm    Post subject: Reply with quote

Yes it's pretty crazy.

We just went through a 5 year mortgage nightmare thats created greed and fraud form the un qualified borrower all the way up through Wall Street.

The fall out is a mess!
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