Monday, April 30, 2007

Central Florida Homeowners Victimized By Foreclosure Rescue Operator

Reports of two financially strapped Central Florida homeowners allegedly having their home equity stripped from them by a foreclosure rescue operator is the subject of a Local 6 News investigation by WKMG-TV Channel 6 in Orlando, Florida. Reportedly, both homeowners lost their homes and the entire equity that they had accumulated in them.

Local attorney Austin Aaronson is reportedly fighting the equity stripping issue for over a dozen clients.

Local 6 Emmy Award winning Investigative Reporter Mike Holfeld brought his findings to state Rep. Bryan Nelson of Apopka, who is currently co-sponsoring legislation that will create criminal penalties for equity deception schemes in Florida.

For more, see Homeowners Warned Of Equity Stripping.

(revised 4-30-07 12:26 am)
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