More Spotlight For Iowa Couple Who Used State Homestead Loophole To Scored 'Free House'
- The Iowa Attorney General's office is reviewing the case of a couple who paid virtually nothing for their home because of a century-old Iowa law.
- The $320,000 mortgage of Matthew and Jamie Danielson was voided on their home in a suburb of Des Moines because of the "Spousal Homestead" statute, as first reported by the Des Moines Register. That statute, which dates back to the 1880s, requires that both spouses sign a mortgage
agreement.(1)
For more, see Iowa Attorney General Reviewing Case of Couple who Got Free Home.
(1) See also:
- Sloppy Lender, State Homestead Law Leave Iowa Couple w/ Voided Mortgage; Bank Left Holding The Bag After Failing To Get Wife's Signature On Loan Docs,
- Couple Who Successfully Voided Mortgage Begins Feeling Heat Over Questionble Past; State Officials Say Earlier Incident Foreshadowed Their Legal Path.
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