Friday, June 08, 2007

Maryland Homeowner Granted Right To Return Home Until Resolution Of Foreclosure Rescue Lawsuit

By court order, a Glen Burnie, Maryland homeowner and her three children have been granted the right to return to their home pending the resolution of a lawsuit in which she alleges that two business associates perpetrated a foreclosure rescue scam against her, according to a story in The Capital (Annapolis, Maryland). As a condition of the court order, however, the homeowner will have to pay the mortgage and bills, which currently appear unaffordable. "We just won, but it doesn't mean anything," said Michael Gregg Morin, one of the homeowner's attorneys.

Reportedly, the lawsuit charges that Michael W. Powell, of Baltimore, and Amanda Mende, of Linthicum, swindled her out of more than $100,000. Her attorneys claim she paid them more than $50,000 in the past 15 months and they bought her $325,000 house from her for $50,000 less than market value. For more, see Family wins right to go home, but bills still pose problem.