Foreclosure rescue scheme

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Former owner of foreclosure rescue business gets 14 years for stealing borrowers’ homes, equity

Nov 05, 2018By

The former owner of a California foreclosure rescue business will spend the next 14 years in prison after admitting in court that he used the business to steal struggling borrowers’ homes during the housing crisis. The company offered a “Keep Your Home” program that targeted borrowers who were struggling with their mortgages and facing foreclosure. But the program was a lie.