Big Banks Accused of Short Sale Fraud

Jan 15, 2010

Just as regulators, lawmakers and all forms of financial oversight boards are talking about new regulations to guard against mortgage fraud and another mortgage meltdown, there appears to be yet a new mortgage fraud out there today, allegedly perpetuated by agents of, yes, the big banks.
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ShortSale Testimonial

Total Owed: $126,709
Accepted: $106,560
Time to Negotiate: 73 Days
Dear Houston Preforeclosure, Thank you for all the help you have provided us on our 2nd home loan. In the beginning of the process we were worried, skeptic and over whelmed with all the paper work. But, you and your team made the process smoothly. The bank did take a long time on our paper work, being persistence and calling them day in and out was troublesome, after 2 long months of determination it was well worth it. I especially appreciate the hard work and dedication you and your team have provided us. Your assistance has been invaluable to me during this process. Again, thank you so much. I am greatly appreciated for all your dedication in what you do for us and all others out there. Best Regards, Cindy Tran

Recent Houston Preforeclosures

Houston Tx 77025 Preforeclosure ShortsaleTrustee Sale Date: Feb 3, 2012
Houston, Tx 77025
Owed:$200,166 | Accepted:$133,000
Montgomery Texas 77381 Preforeclosure ShortsaleTrustee Sale Date: Jan 3, 2012
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Owed:$1,569,784 | Accepted:$885,000
Pasadena Texas 77505 Preforeclosure ShortsaleTrustee Sale Date: Jan 3, 2012
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Owed:$268,546 | Accepted:$200,000
Houston Texas 77095 Preforeclosure ShortsaleTrustee Sale Date: Jan 3, 2012
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Owed:$261,024 | Accepted:$175,000
Houston Texas 77005 Preforeclosure ShortsaleTrustee Sale Date: Jan 3, 2012
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Owed:$705,000 | Accepted:$503,000
Houston Texas 77027 Preforeclosure ShortsaleTrustee Sale Date: Dec 6, 2011
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Owed:$371,845 | Accepted:$271,000
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Owed:$1,002,380 | Accepted:$769,277
Auburn MA 01501 Preforeclosure ShortsaleTrustee Sale Date: Dec 2, 2011
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Owed:$354,423 | Accepted:$194,000
 Cypress Texas  77429 Preforeclosure ShortsaleTrustee Sale Date: Nov 3, 2011
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Owed:$824,165 | Accepted:$370,000
Houston Texas  77007 Preforeclosure ShortsaleTrustee Sale Date: Nov 2, 2011
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Owed:$397,657 | Accepted:$254,990