Milwaukee Prosecutors Have Their Eye On Foreclosure Rescue Operators

(oroginally posted 7-13-07)

A Milwaukee Journal-Sentinel blog reports:

• "While tracking the developments of a previous story she reported on a widow fighting eviction [in a foreclosure rescue arrangement], Journal Sentinel reporter Marie Rohde has found that the district attorney's office has taken a pronounced interest in similar situations of late. Assistant District Attorney David Feiss told Rohde that his office and the Milwaukee Police Department have been swamped with complaints from people who are crying fraud in situations that bear some similarity to what is alleged in that case. A number of businesses have sprung up to "rescue” homeowners facing eviction. Some of the homeowners have found that they are loosing [sic] the equity they have in their homes and are facing eviction anyway. Although Feiss would not talk about specific cases, he told Rohde that his office is looking into mortgage rescuers and allegations that some home appraisals were inflated by the rescuers."

For more, see Eviction-related fraud prosecutions coming soon?