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· Once the couple’s buyers obtained the deeds to the properties, the Codys cashed out all available equity, leaving the homes with huge liens and the original owners with no chance of taking back title to their houses, prosecutors said. At least 21 people in Riverside and San Bernardino counties fell prey to the scheme, with losses totaling just over $1 million, according to the IRS.
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What options exist for splitting up a home during a divorce? | Kathy D. Sheive Attorney at Law The Home Equity Theft Reporter: Mortgage Cancellation Rackets That File Suits To Obtain Default Judgments To Wipe Out Banksters’ Liens Gain Steam In Florida About Neil Garfield and the LivingLies Team Also see About LivingLies and LendingLies Neil F.