Two Financially Strapped Boston-Area Homeowners Get Mired In Foreclosure Rescue Deals Gone Sour

In Boston, Massachusetts, WBZ-TV ran a story on the experiences two local homeowners reportedly had with a local foreclosure rescue operator:

• He says he's trying to help people take back their lives and save their homes from foreclosure. He says he'll pray for you and your family. But the I-Team looked into John Seigler's business deals and discovered Seigler and his associates aren't praying for people -- they're preying on poor people and taking their homes. There's no stopping Marie Magny, one of the associates of Blue Hills Investors Group, as she's out for a walk. We wanted to ask her why some say she's working with John Seigler and swindling people's homes, but when she saw our camera she picked up the pace.

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• These homeowners say Seigler and Magny led them down a dead end headed for foreclosure and took their homes along the way. According to court documents obtained by the I-Team, they were told to stop paying their mortgages and to sign their deeds over to Magny to stop the foreclosure. [...] The civil suits against Seigler also name the banks and mortgage companies involved in these deals.

For more, see Foreclosure Rescue Scheme Preys On Poor (read story) (watch video).

In a related story, see WBZ-TV: I-Team: Alleged Home Swindler Preyed On His Family.