Joy Jackson Pleads Guilty, She's Taking a Cue from Bernie Madoff!
March 31, 2009 by Admin · 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. [...]
Lenders Choke The People Looking to "Buy And Bail"
September 23, 2008 by Admin · 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 [...]
