Thursday, April 19, 2007

Massachusetts AG Gets Preliminary Injunction Against Foreclosure Rescue Operator

Massachusetts Attorney General Martha Coakley’s Office has announced that it has obtained a preliminary injunction in Suffolk Superior Court against fifteen individuals and companies allegedly involved in mortgage fraud and a foreclosure rescue scheme; preventing them from engaging in any further foreclosure rescue transactions.

The injunction was ordered against 15 defendants:
  • Leo Desire, Sr., a salesperson who works on behalf of Primary Mortgage Resource, Inc.,
  • Primary Mortgage Resource, Inc., Mortgage Broker and where Desire Sr. worked,
  • Valerie Hanserd, a closing attorney,
  • Home Pride Management, a company that took fees for unrendered services,
  • Leo Desire Jr., President and Treasurer of Home Pride Management,
  • Dr. Joel Charles (d/b/a Sourie Corp.),
  • Louis R. Joseph, Pierre N. Joseph and his wife Daphne Mompoint, Robens Joseph, Paul A. Joseph, Jean Joseph, Advie Charles, Neville Francis and Marie Betey Mereus, all property buyers.

For more, see Massachusetts AG Press Release.

For a Boston Herald article, see Home scheme halted: AG slams Mass. firms’ foreclosure ‘rescue’.