Could i report a mortgage broker who took power of me because I have appropriate credit?
A broker i refinanced with and knew my credit history, approached me on investing surrounded by homes in Florida. I would be the silent partner and he would be the one who deals near anything that had to do with the homes. Make the long story short, 2 homes be closed on, 1 tenant sent him the rent directly,the other walked out because the "broker took his money, and kept asking for more" , he never paid the mortgages near it and it is now month 6 with no payments on both homes. They are within the process of foreclosure. Do i have any leg to stand on by reporting his scam as a white collar crime to the FBI? I was the solely signer on the homes.
Answers:
If you can prove this...I don't think there is any doubt he could , at a minimum lose his brokers license. But it doesn't nouns like you had a contract within place so he may not have "technically" broke any laws.
But you particularly need to take endeavour against this person!
You have been screwed over, desire legal advice, sermon to FBI and any one else who will listen to you, what a bloody scam.
I wish you the best of luck and I hope you get that devious bast**d a prison term, but mostly I hope you get your money stern.
Sure you can report him. Start with local cops, the board of realtors, the state mortgage board. Report yourself for unbelievable naivete. I'm betting you didn't even hold an attorney to handle these transactions for you!
TALK to the lenders, see if there is anything you can do to salvage the situation. Can you hand over up one and keep other, or. . . .? See about renting out unit.There are several options: loan modification, deed within lieu of foreclosure, forebearance, foreclosure. Depending how far you let this get until that time doing anything other than fume. TALK to several people at lender to see if something can be worked out. Source(s): definite estate attorney
Related Questions:
Is it possible to bring a mortgage next to hideous credit? Even near a life-size down allowance of 50%?
mortgage help? you will want this company to help you. Source(s): www.thenewstartmortgages.com With a 50% down payment, that should negate alot of the effects of your poor credit. Now if you have...
Answers:
If you can prove this...I don't think there is any doubt he could , at a minimum lose his brokers license. But it doesn't nouns like you had a contract within place so he may not have "technically" broke any laws.
But you particularly need to take endeavour against this person!
You have been screwed over, desire legal advice, sermon to FBI and any one else who will listen to you, what a bloody scam.
I wish you the best of luck and I hope you get that devious bast**d a prison term, but mostly I hope you get your money stern.
Sure you can report him. Start with local cops, the board of realtors, the state mortgage board. Report yourself for unbelievable naivete. I'm betting you didn't even hold an attorney to handle these transactions for you!
TALK to the lenders, see if there is anything you can do to salvage the situation. Can you hand over up one and keep other, or. . . .? See about renting out unit.There are several options: loan modification, deed within lieu of foreclosure, forebearance, foreclosure. Depending how far you let this get until that time doing anything other than fume. TALK to several people at lender to see if something can be worked out. Source(s): definite estate attorney
Related Questions:
Is it possible to bring a mortgage next to hideous credit? Even near a life-size down allowance of 50%?
mortgage help? you will want this company to help you. Source(s): www.thenewstartmortgages.com With a 50% down payment, that should negate alot of the effects of your poor credit. Now if you have...