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.
Saturday, August 25, 2012
Vacant Home In Foreclosure Since 2008 Likely Cause Of Neighborhood Cockroach Invasion; City Slates Date With Wrecking Ball, But Must 1st Purge Pests
In Hammond, Indiana, The Times of Northwest Indiana reports:
An emergency demolition order was issued Thursday for an empty East Hammond house that neighbors claim is the nexus of an expanding cockroach infestation.
Residents of the 900 block of Eaton Street sought assistance from the Board of Public Works and Safety last week in combating the insect invasion, which they said was spreading to adjacent streets in all directions.
Before the 91-year-old building can be torn down, the roaches must first be killed, said Kelly Kearney, code enforcement commissioner, or they would immediately occupy neighboring properties.
"Everything in there is infested," Kearney said. "There's a massive, massive amount of roaches." Residents said the insects first appeared in June after the owner and a tenant moved out, leaving behind mounds of debris and a dead dog in the basement.
Pest control professionals estimated at one to three weeks could be needed to exterminate all the roaches, Building Commissioner Kurt Koch said.
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Owner Carl Harris told the works board Thursday he would like to get his property back but doesn't have the money to catch up with his mortgage on the house, which has been in foreclosure since 2008.
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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