Thursday, July 19, 2007

WBAL-TV Investigates Another Baltimore-Area Foreclosure Rescue Operator

WBAL-TV Channel 11 I-Team reporter Barry Simms is hot on the tracks of another Baltimore-area foreclosure rescue operator who is in a legal dispute with another homeowner facing foreclosure. Yesterday, I put up a post on rescue operator Michael Powell, who Barry Simms was literally chasing around trying to get answers to some questions about Powell's rescue business (go here to watch that WBAL-TV report) (link no longer available).

Today's post is on rescue operator Michael K. Lewis, who reportedly considers himself a pioneer and calls his cure for people facing foreclosure the "MKL financial diet." Unlike Michael Powell (yesterday's featured foreclosure rescue operator), Lewis was amenable to an on-camera interview with Simms.

Reportedly, the MKL financial diet for the homeowner featured in the story involved, among other things, her filing bankruptcy, selling her home, and the renting it back for nearly double of what her mortgage payments were. The buyer ended up being Ernest Lewis – Michael Lewis’ brother.

Reportedly, the homeowner is in court trying to get her home back. Her attorney is Phillip Robinson, executive director of Civil Justice Inc., a Baltimore nonprofit group.

Go here to watch the WBAL-TV report. (which includes an excerpt of a TV commercial featuring Michael K. Lewis offering his foreclosure rescue services) (link no longer available).

To read the WBAL-TV online report, see Woman May Lose House After Answering TV Ad.

Go here for other posts on Michael. K. Lewis.