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.
Tuesday, July 12, 2016
Despite Earlier Jail Time & Huge Civil Judgment, Sleazy Phoenix-Area Real Estate Operator With History Of Running Housing Scams Appears Again On Media Radar
In Phoenix, Arizona, KTVK-TV Channel 3 reports:
It's a name that's the subject of our reports several times over – Derek Walker Bollwinkel.
The Gilbert man with a history of conning people continues to come up on our radar.
He's done jail time twice in the past for forgery and criminal impersonation. He was busted for forging homeowners' names and renting out their empty homes in foreclosure.
Just last summer, Arizona Attorney General Mark Brnovich came down on Bollwinkel and his wife, Sydnee, with a $2.1 million judgment for a housing scam they ran on Craigslist. Our undercover cameras caught him in the act.
One might think jail time and a huge civil judgment would stop Bollwinkel in his tracks.
But after following him for years, we again find him embroiled in yet another scam involving cons, Craigslist and cash.
At the center of this latest incident is a run-down old house in Mesa that brought an unlikely cast of characters together. [more]
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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