Friday, April 11, 2008

More On The FBI's "Operation Homewrecker" Foreclosure Rescue Investsigation

CNBC reports:
  • It doesn't get much sadder than the "funny business" I'm reporting today. More than a hundred homeowners in 23 states have lost their homes, not because they intentionally stopped paying their mortgages, but because the company which promised to help them instead may have robbed them blind. Charles Head ran a financial services company in Orange County, California. He is now charged with being the ringleader in what a federal investigation has dubbed "Operation Homewrecker."

For more, see "Operation Homewrecker" May Be Lowest Blow Of Housing Crisis.

Go here for earlier posts as well as available updates on the Head nationwide foreclosure rescue operation.