Home Sales Held Hostage by Hard Line Junior Lien Holders

Prashant Gopal and John Gittelsohn, Bloomberg Tom Axon’s mortgage-collection firm gets about 25 calls a day from delinquent homeowners’ brokers seeking approval to sell their houses for a loss and avoid foreclosure. We’ll help, his staff tells them, as long as we get paid enough. Axon, working with co-investors, buys distressed U.S. home- equity loans […]

Ganter Twins Threaten To Sue Homeowners With Bogus Claims Of Fraud

Carlos Granda, KABC An Eyewitness News and California Watch investigation found that families across California were being sued after they lost their homes to foreclosure. Mina Shahab lives in a cramped apartment in Woodland Hills. She shares it with her brother who is stricken with cancer. A few years ago, she took out two loans […]

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