Welcome to The Home Equity Theft Reporter, a blog dedicated to informing the consumer public and the legal profession about Home Equity Theft issues. This blog will consist of information describing the various forms of Home Equity Theft and links to news reports & other informational sources from throughout the country about the victims of Home Equity Theft and what government authorities and others are doing about it.
Wednesday, June 06, 2012
Pair Face Multiple Felony Theft Charges In Alleged $76K Ripoff Targeting Wanna-Be Homebuyers With Offers To Sell Homes Recently Lost In Foreclosure
In Bryan, Texas, The Bryan-College Station Eagle reports:
A Bryan woman awaiting trial on multiple felony charges was arrested again Friday, accused of trying to bilk $76,050 from three couples who thought they were buying homes and later learned none were hers to sell.
Rose Rodriguez [...] was charged with four felony theft counts after an investigation by the Brazos County District Attorney’s Office. Her 50-year-old husband — Carlos Rodriguez — was charged with one related count of felony theft.
All three of the homes actually had been foreclosed upon: One had belonged to the Rodriguez couple, another to the husband’s relatives and the third to Rose Rodriguez’s mother. In all three schemes, the Rodriguez’s kept delaying in handing over keys to the homes, prompting each to investigate the situation themselves before heading to the police department, documents state.
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Rose Rodriguez was charged with two counts and her husband with one count of theft between $20,000 and $100,000 — a third-degree felony punishable by two to 10 years in prison and a $10,000 fine. She also is accused of two counts of theft between $1,500 and $20,000— a state-jail felony punishable by up to two years in prison and a $10,000 fine.
CBC News: Betrayal of Trust (A CBC investigation reveals how lawyers across Canada have misappropriated and mishandled clients money, to the tune of tens of millions of dollars, or sometimes even charging vulnerable people top dollar for shoddy services)
Land Contract/Contract For Deed/Rent-To-Own Rackets
The New York Times: The Housing Trap (In the wake of the housing crisis, low-income families have turned to seller financing to buy homes but these deals can be a money trap)
Beware The Fine Print: Consumers Forced To Sign Away Their Rights To Use Court System
The NY Times: Arbitration Everywhere, Stacking the Deck of Justice(Part 1 in series examining how clauses buried in tens of millions of contracts have deprived Americans of one of their most fundamental constitutional rights: their day in court)
Foreclosure Mills' Abysmal Record In Complying With New NYS Foreclosure Requirements
Justice Deceived: How Large Foreclosure Firms Subvert State Regulations Protecting Homeowners
MFY Legal Services Report On Questionable Practices By Process Servers In Debt Collection Cases
Justice Disserved: A Preliminary Analysis of the Exceptionally
Low Appearance Rate by Defendants in Lawsuits Filed in the Civil Court of the City of New York
Mortgage Mess Redux: Robo-Signers Return (A Reuters investigation finds that many banks are still employing the controversial foreclosure practices that sparked a major outcry last year)
CNN Video: As Foreclosures Mount, Florida Court Turns To 'Rocket Docket'
The Wall Street Journal: A Florida Court's 'Rocket Docket' Blasts Through Foreclosure Cases (2 Questions, 15 Seconds, 45 Days to Get Out; 'What's to Talk About?' Says a Judge)
"Produce The Note" Strategy When Dealing With Missing Promissory Notes In Foreclosure Actions
ABC Video: Fighting Against Foreclosure (Some homeowners have found a new tactic to keep the banks at bay)
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