Friday, July 11, 2008

Local Cop Helps Northern California Widow Snagged In High Pressure Lending Scheme Dodge Foreclosure

In Redding, California, the Redding Record Searchlight reports:
  • There's nothing like a call or two from a police financial crimes investigator to persuade a mortgage company to rethink a loan that left an ill widow teetering close to foreclosure after she was conned in a high-pressure lending scheme. "I kept imagining, What if they had done that to my mom,'" said Redding police investigator Matt Zalesny. "I'd be so enraged." Zalesny's efforts to help Joyce Atwood, 58, keep her Redding home began this spring.

For more, see Police help woman escape foreclosure after predatory loan.

For story update, see Redding police pounce on case of lending scam.