CBS News On The Maryland Foreclosure Rescue Class Action Suit
(originally posted 7-13-07)
The CBS Evening News ran a report, by investigative reporter Armen Keteyian, on Friday about the alleged foreclosure rescue, equity stripping scam in Maryland allegedly perpetrated by Joy Jackson, her husband Kurt Fordham, and the people at Metropolitan Money Store. Keteyian speaks with some of the victimized homeowners in the report.
Currently, Metropolitan Money Store is out of business, the company is under investigation by the state, and is the subject of a huge class action lawsuit charging “the single largest mortgage scam in Maryland history.” Also, when Keteyian went out to look for Jackson and Fordham at their home for an interview, they were nowhere to be found. Reportedly, "the only trace of them were photos of their $800,000 wedding last year. It was an over-the-top, Hollywood-style affair at which they gave away cash, a Porsche and — in a final insult to folks like those CBS News interviewed — a house."
Go here to watch the CBS Evening News Report - Maryland Foreclosure Rescue Class Action.
To read the online story, see Victims Of A Foreclosure "Rescue" (CBS News Shows How A Growing Scam Is Exploiting Homeowners In Foreclosure).
To read the post by Armen Keteyian on his CBS News blog, see Foreclosed: "You Wanted To Cry".
Go here for other posts on the Maryland foreclosure rescue class action lawsuit.
The CBS Evening News ran a report, by investigative reporter Armen Keteyian, on Friday about the alleged foreclosure rescue, equity stripping scam in Maryland allegedly perpetrated by Joy Jackson, her husband Kurt Fordham, and the people at Metropolitan Money Store. Keteyian speaks with some of the victimized homeowners in the report.
Currently, Metropolitan Money Store is out of business, the company is under investigation by the state, and is the subject of a huge class action lawsuit charging “the single largest mortgage scam in Maryland history.” Also, when Keteyian went out to look for Jackson and Fordham at their home for an interview, they were nowhere to be found. Reportedly, "the only trace of them were photos of their $800,000 wedding last year. It was an over-the-top, Hollywood-style affair at which they gave away cash, a Porsche and — in a final insult to folks like those CBS News interviewed — a house."
Go here to watch the CBS Evening News Report - Maryland Foreclosure Rescue Class Action.
To read the online story, see Victims Of A Foreclosure "Rescue" (CBS News Shows How A Growing Scam Is Exploiting Homeowners In Foreclosure).
To read the post by Armen Keteyian on his CBS News blog, see Foreclosed: "You Wanted To Cry".
Go here for other posts on the Maryland foreclosure rescue class action lawsuit.
posted by Home Equity Theft Reporter at 8:45 AM
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