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In 2009, Paramount Solar was established. [7] In 2013, Paramount Solar was sold to SolarCity (now Tesla Energy) in a transaction valued at approximately $120 million. [9] In 2011, the company took on an equity investment from Guthy-Renker. [10] In December 2017, Paramount began originating residential solar loans and later rebranded as Loanpal. [7]
Phishing scams happen when you receive an email that looks like it came from a company you trust (like AOL), but is ultimately from a hacker trying to get your information. All legitimate AOL Mail will be marked as either Certified Mail, if its an official marketing email, or Official Mail, if it's an important account email. If you get an ...
Mortgage elimination is a type of mortgage fraud in the United States.In this scam, the promoter first convinces a mortgage holder (lender) that the debt that has been contracted is invalid or legally unenforceable, usually due to a combination of alleged technicalities in the note, deed of trust, or other loan documentation signed; the promoters often link their rationale for debt elimination ...
Subprime loans targeted at vulnerable and unsophisticated homeowners often lead to foreclosure, and those victims more often fall to equity stripping scams. [2] Additionally, some do consider equity stripping, in essence, a form of predatory lending since the scam works essentially like a high-cost and risky refinancing.
A multimillion-dollar scam by real estate agents and loan officers, in collusion with homebuyers, left mortgage lenders in the dust, authorities say. Two real estate agents and two mortgage loan ...
If you receive an official-looking letter from an out-of-state law firm asking you to fork over a hefty upfront fee to join a "mass joinder" lawsuit to force your mortgage lender to reduce your ...
A lawyer in Tallahassee, Fla., is at the center of what some experts are calling a new take on mortgage relief scams, according to the St. Petersburg Times. Nearly 6,000 struggling homeowners ...
American Greed (also known as American Greed: Scams, Scoundrels and Scandals and as American Greed: Scams, Schemes and Broken Dreams) is an American documentary television series on CNBC. [ 1 ] [ 2 ] The series focuses on cases of Ponzi schemes , embezzlement and other white collar crimes and features interviews with police investigators, fraud ...