Friday, March 25, 2011

Couple Facing Foreclosure Face Criminal Charges For Allegedly Recording Bogus Documents In Public Records To Keep From Losing Home

In Ceres, California, The Modesto Bee reports:
  • A Ceres couple was arrested Monday on suspicion of recording bogus documents in an attempt to save their home from foreclosure. Two Southern California men helped Narciso and Alisema Plancarte, ages 58 and 55, prepare documents claiming that they no longer owed IndyMac Bank for a $294,000 loan obtained in 2005, according to an arrest warrant affidavit.

  • The owners told an investigator they knew the loan had not been repaid but they were desperate to keep their house and got no refinancing help from the lender, the affidavit says. "I'm just fighting for my house," Narciso Plancarte told investigator Glenn Gulley of the Stanislaus County district attorney's office, Gulley said in the affidavit.

  • The documents indicate that one of the Southern California men represents Mortgage Electronic Reporting System and that the company authorized the filings. But company attorneys told Gulley that neither man works for the firm, he reported.

Source: Ceres couple jailed in effort to save home.

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