Sunday, November 23, 2008

New Jersey Family Seeking Mortgage Rescue Now Left Fighting Foreclosure

In Bergen County, New Jersey, South Bergenite recently ran a story on a local homeowner who contends his home was stolen from him through an elaborate home foreclosure rescue plan involving a sale leaseback arrangement with a buyback option. He and his family are curently facing foreclosure and, reportedly, the FBI is investigating the arrangement as a possible scam.

For the story, see Fighting foreclosure.