Utah Homeowner Falls For Foreclosure Rescue

The Salt Lake Tribune reports:

• "Beth Ashby still calls the tidy beige split-entry on nearly 2 acres in South Jordan home. After all, she's the one who bought it six years ago. And she's the one responsible for paying the mortgage. But Ashby says her dream home has been taken away from her. A friend, who she says helped her get back on her feet after she fell behind on her payments, is now the rightful owner. Ashby said he convinced her to "temporarily" deed the property over to him so that he could help her refinance her adjustable-rate loan. Then, she says, he kicked her out."

For more, see Signed Away (Homeowners are warned to beware of attractive-sounding deals that involve turning over the title to a home - even temporarily. You could lose it all, and still be on the hook for the mortgage).