James Wise
"Subject To" Real Estate Investing is Slimy. Prove me Wrong.
7 October 2022 | 229 replies
The mortgages were not paid and went into foreclosure, resulting in losses of over $3 million since the lenders were only able to recover a fraction of the outstanding mortgage balances when they sold the properties after foreclosure.This prosecution was brought by the Mortgage Fraud Task Force, made up of investigators from the Federal Bureau of Investigation; the United States Secret Service; the United States Postal Inspection Service; the Department of Housing and Urban Development, Office of Inspector General; and the Lansing Police Department.