The Home Equity Theft Reporter: Senior Citizens, Retirement Funds Victimized By Subprime Lending Mess

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And they’re thankful to the lawyers at the Senior Citizens’ Law Office who helped make that happen. Senior Citizens law office executive director Angelica Allen said that an order dismissing the foreclosure action against the couple, who are in their 80s and not in the best of health, has been filed in state district court.

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Enter Down Payment: The funds you put upfront to get a home loan. This amount can vary from $0 for VA loans, 3.5% for FHA Loans and 20% for conforming mortgages.. The Home Equity Theft Reporter: Senior Citizens, Retirement Funds Victimized By Subprime Lending Mess.

Testimony submitted by Home Equity Lender Leadership.. by some lending companies to rip off our senior citizens, there is. They make money by stripping, flipping and packing the.. and that subprime lenders are in fact providing a service to those.. There are two categories of home equity theft.

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The Home Equity Theft Reporter: Senior Citizens, Retirement Funds Victimized By Subprime Lending Mess The world’s largest auto maker disclosed Thursday that it will need more time to file its 2006 annual report with the SEC..Many analysts say GMAC’s home-lending unit, Residential Capital LLC, known as ResCap, is heavily involved in the.

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