Hamilton man sentenced for role in nationwide foreclosure rescue scam
A Hamilton man was sentenced to federal prison for swindling hundreds of homeowners in a foreclosure rescue scam.
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A Hamilton man was sentenced to federal prison for swindling hundreds of homeowners in a foreclosure rescue scam.
A free foreclosure rescue fair. >> we want you when you leave here to know what you need to know to save your home. >> good afternoon, sir. >> they say bring this and if you give me this, you will get the modification. i showed them all the paperwork and still don't get the modification. >> i hope you have all your documentation so that they can do everything they can to assist you. and even if you uv opinion frustrated before in the past, please be patient because the bank's job, again, is to make it frustrating. >> i have sleepless night over it. i wake up in the night and can't go back to s...
You out. maybe you have fob a little more patient. carmen, thanks as always for the information. good stuff there. now to an even darker side of mortgages. foreclosures. queens has been called ground zero of the new york foreclosure crisis and the community of jamaica there is saddled with the nation's highest concentration of mortgage fraud. four times worse than the national average. but understanding the problem is really half the battle. as we discovered when we visited a free foreclosure rescue fair. >> we want you when you leave here to know what you need to know to save your home. >> ...
Subject to this and the treasury department and the white house say they expect the ten largest firms to pay over 60% of this. the idea again, is the very industry that got us into this mess will be the industry that got us out. critics say wait a minute, some of those very big companies have already repaid their bailout money with interest. others say that there could be some -- some companies that never even took bailout money that will end up paying for it and that it's basically punishing the banks, punishing the banks to pay for unrecouped losses in the auto sector and including mortgage ...
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