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Detectives probing the death of a 96-year-old California woman nearly two years ago have uncovered she was the victim of an elaborate murder-for-hire and reverse-mortgage scam that sought to gain ...
Green Mirage scammers have impersonated more than 400 mortgage institutions and caused hundreds of thousands of dollars of losses to deceived homeowners, many of whom only learn of the fraud when ...
Continue reading → The post Reverse Mortgage Scams to Watch Out For appeared first on SmartAsset Blog. A reverse mortgage can provide older homeowners with an additional stream of income in ...
The group was founded in 2004 by Reza Jahangiri, president and chief executive officer. [2] [4]In June 2009 the company received a capital-infusion commitment from private-equity firm JAM Equity Partners of El Segundo, California, an investment said to give AAG "the resources needed to compete on a national level with a celebrity spokesperson and [to] build a recognizable brand."
Seniors who have been targeted by scams have resources available to help, and can contact the National Elder Fraud Hotline (1-833-372-8311) for assistance. More From GOBankingRates
source: Final Report of the National Commission on the Causes of the Financial and Economic Crisis in the United States, p.229, figure 11.4 Credit rating agencies came under scrutiny following the mortgage crisis for giving investment-grade, "money safe" ratings to securitized mortgages (in the form of securities known as mortgage-backed securities (MBS) and collateralized debt obligations ...
Reverse Mortgage Reverse mortgages, or home-equity conversion mortgages, increased by a staggering 1,300% between 1999 and 2008 (the property crash). They're still a popular target for scammers today.
AP By Jonathan Stempel NEW YORK -- Bank of America (BAC) has won the dismissal of an unusual lawsuit in which shareholders accused it of concealing a $10 billion fraud case brought by American ...
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