MFI News
Victims of Mortgage Scam Fight Foreclosure
December 3, 2009 by admin · Leave a Comment
Raise your hand if you’ve heard something like this before: A couple looking to save money in tough times refinanced their home — only to discover they’d been taken in by fraud. Now they are fighting foreclosure and the loss of their home.
What you probably haven’t heard before is that they are being foreclosed on by the Federal Deposit Insurance Corp., a federal agency that generally pushes to keep people in their homes by reworking loans rather than foreclosing them.
So Glenn and Brenda Clark of Golden Valley are taking another unusual step — they are fighting their foreclosure in federal court.
The Clarks have filed suit in U.S. District Court in Minneapolis, saying their foreclosure is improper. They have asked for a temporary restraining order to allow them to come up with a way to stay in the home where they raised two daughters since 1993.
Read more about fighting foreclosure…
Struggling with high mortgage bills? You may be a victim of mortgage fraud. Contact MFI-Boston for help. We’ll investigate and do a forensic mortgage audit. We may be able to help you save your home. Contact us today!
