Joy Jackson Pleads Guilty, She's Taking a Cue from Bernie Madoff!
March 31, 2009 by Jonbenya · Leave a Comment
It may not save the homes of the people scammed by this scumbag group, but at least some justice has been served. Joy Jenise Jackson, the former head of the Metropolitan Money Store, has pleaded guilty on charges of conspiracy to commit mail and wire fraud, which carries a maximum prison term of 30 years.
She [...]
Maryland Home Equity Thief Pleads Guilty
December 11, 2008 by Jonbenya · Leave a Comment
If you’ve been following my blog for awhile now, you probably know that I like to keep up to date on the real estate scams that have littered the metro area in recent years. One of the scams that I wrote about awhile back was the Metro Money Store scam.
I won’t go into all [...]
Lenders Choke The People Looking to "Buy And Bail"
September 23, 2008 by Jonbenya · Leave a Comment
FHA and Conventional Loan guidelines were revised this morning, this time to prevent the so-called “buy and bail” folks trying to escape their overpriced mortgages.
Haven’t heard of a “buy and bail” scenario? It goes something like this:
Until now, people who decided to rent their home instead of sell it were allowed to claim 75% of [...]
Feds Press Charges in Metropolitan Money Store Scheme
June 13, 2008 by Jonbenya · 3 Comments
It looks like things are moving forward with the case against Joy Jenise Jackson (formerly known as a stripper named Night Rider), Kurt Fordham, and The Metropolitan Money Store.
Remember them? They’re the one’s accused of "saving" people from foreclosure, while stripping their equity out from under them, and leaving the victims [...]
Metro Dream Homes- How Many People are Involved? and Auction Re-Cap
February 11, 2008 by Jonbenya · 3 Comments
The Real Estate Market in Southern Maryland has been incredibly busy so far this year, so I have been unable to post updates to this blog about Metro Dream Homes.
I have heard quite a bit recently, however, so I’d like to briefly catch everyone up on what I can. First [...]
METRO DREAM HOMES- Auction Scheduled (1/23/2008)
January 21, 2008 by Jonbenya · Leave a Comment
Just a quick update for all of you keeping track of what’s happening with Metro Dream Homes and Metropolitan Grapevine….
There’s going to be an auction of MDH assets this Wednesday, January 23rd, at 11am. Included in the list of items up for sale:
Large Screen TVs, AVAYA phone systems, printers, copiers, [...]
METRO DREAM HOMES- Scope of Receivership is expanded
January 13, 2008 by Jonbenya · Leave a Comment
Just as a quick update to the Metropolitan Dream Homes situation, California has granted a receivership order for and Invotex representative to take control of California based assets of Metropolitan Grapevine and related companies.
The order came at the end of December (December 21st), which leads me to ask this:
Just how deeply buried is the truth [...]
Avoiding Foreclosure- Why it Matters and How To Do It!
November 28, 2007 by Jonbenya · Leave a Comment
Are you falling behind on your mortgage payments? Are you at risk of losing your home because that pesky arm has made your payments impossible?
There IS hope for people out that who are at risk of losing their home. If you’re worried about foreclosure, here’s a few important things to do to help you avoid [...]
