April 18, 2008
2 arrested in alleged foreclosure fraud (Los Angeles Times)
The men are accused of operating a scam that took in hundreds of homeowners. Michael D. Henschel of Van Nuys, who has had a long history of legal run-ins, was arrested Thursday by Los Angeles County authorities, who accused him of operating foreclosure scams that took in hundreds of homeowners, costing some their houses. more…
The 34-story AmSouth Bank building in downtown Mobile is scheduled for a May 16 foreclosure sale, but the building's New York owners are working with lenders to halt the sale, according to spokesmen for the owners. more…
This month alone, Philadelphia's sheriff delayed foreclosure auctions of 759 homes at the city council's urging. Maryland extended the time it takes to complete a foreclosure. State leaders in Ohio recruited more than 1,000 lawyers to aid distressed borrowers. more…
A Van Nuys businessman and his associate were arrested today for allegedly swindling eight people facing foreclosure of their property after claiming they could help them. more…
Attorney General Lori Swanson has sued six more out of state foreclosure consultants, for taking money from clients upfront in an alleged violation of Minnesota law. more…
She says the consulting companies victimized people already facing foreclosure, costing them time and money. more…
Associated Press - April 18, 2008 2:43 AM ET CAPITOL HILL (AP) - House Democrats are moving to push through a bill to help homeowners caught in the foreclosure crisis. more…
Congress isn't done debating how best to stem the foreclosure crisis, but one near-certainty has emerged: Lawmakers will pull together a housing bill that expands Washington's role in helping troubled borrowers. more…
Tags: home equity loan, foreclosure
