Big Banks Accused of Short Sale Fraud

Mortgage Articles of Foreclosures

Big Banks Accused of Short Sale Fraud

Just as regulators, lawmakers and all forms of financial oversight boards are talking about new regulations to guard against mortgage fraud and another mortgage meltdown, there appears to be yet a new mortgage fraud out there today, allegedly perpetuated by agents of, yes, the big banks.
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ShortSale Testimonial

Property Value: $85,000
20315 BEIGEWOOD LANE, HUMBLE, TEXAS 77338

Total Owed: $125,947
Accepted: $88,000
Time to Negotiate: 147 Days

Recent Houston Preforeclosures

HOUSTON TEXAS 77082 Preforeclosure Shortsale

Trustee Sale Date: Mar 2, 2010
HOUSTON, TEXAS 77082
Owed:$884,253 | Accepted:$719,253

KATY TEXAS 77450 Preforeclosure Shortsale

Trustee Sale Date: Mar 2, 2010
KATY, TEXAS 77450
Owed:$320,000 | Accepted:$317,500

Houston Texas 77077 Preforeclosure Shortsale

Trustee Sale Date: Feb 2, 2010
Houston, Texas 77077
Owed:$254,191 | Accepted:$173,000

Houston Texas 77095 Preforeclosure Shortsale

Trustee Sale Date: Feb 2, 2010
Houston, Texas 77095
Owed:$161,200 | Accepted:$120,000

Houston Texas 77062 Preforeclosure Shortsale

Trustee Sale Date: Feb 2, 2010
Houston, Texas 77062
Owed:$225,000 | Accepted:$220,000

Houston TEXAS 77057 Preforeclosure Shortsale

Trustee Sale Date: Dec 1, 2009
Houston, TEXAS 77057
Owed:$335,000 | Accepted:$245,000

Houston Texas 77055 Preforeclosure Shortsale

Trustee Sale Date: Dec 1, 2009
Houston, Texas 77055
Owed:$457,000 | Accepted:$350,000

HOUSTON TEXAS 77429 Preforeclosure Shortsale

Trustee Sale Date: Nov 3, 2009
HOUSTON, TEXAS 77429
Owed:$336,000 | Accepted:$226,000

Trustee Sale Date: Nov 3, 2009
Katy, TX 77450
Owed:$681,460 | Accepted:$500,000

Houston Texas 77080 Preforeclosure Shortsale

Trustee Sale Date: Oct 6, 2009
Houston, Texas 77080
Owed:$91,500 | Accepted:$81,500

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