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Former Stripper Joy J. Jackson Ran Foreclosure Rescue Scam

They promise to help you get out of foreclosure. But they end up stealing your home instead. Mortgage experts say Maryland is now the worst in the nation when it comes to foreclosure scams, in part because of one local woman whose victims say stole so many homes, she walked away with millions of dollars. When Nadine Bostic and her husband split up, Bostic's Elkridge home went into foreclosure. It put her in a panic because Maryland only give you 15 days to save your home. According to court records, is also known as Joyce Jackson, Joy Fordham and Joy Simms. Court records that show she's been sued a half-dozen times for not paying her bills. Records that show she's lived in at least 27 homes and used to run a company called "The Metropolitan Money Store." This is how it works: Let's say you bought your house a few years ago for $100,000. It's now worth $300,000, but you're going into foreclosure. So, you ask Joy Jackson at the Metropolitan Money Store for help. She recruits what's called an "investor," promising to pay the investor $10,000 if the investor will sign some papers. She then takes out a second mortgage for the home's full value...remember that $300,000? She tells you to sign some papers that will let you rent your home from the investor for one year. In return, get $100,000 to pay off your mortgage. Unless you read the papers carefully, you don't realize you've just signed away the deed to your house to the investor...who pockets the $10,000. And your house will still go into foreclosure because instead of paying back the second mortgage, Holland says Jackson pockets the remaining $190,000, and in Bostic's case, throws herself a wedding and is never seen again.

Author: Scambuster2007
Tags: News Gotcha Joy J. Jackson Mortgage victims Metropolitan Money Store Foreclosure Rescue Scams stealing home Maryland
Posted: 15 January 2008
Rating: 5.0
Votes: 1

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Foreclosure Help How to refinance while house is in foreclos

http://www.michiganmortgagemodification.com Foreclosure Help- Find out how to lower your mortgage payment and save your home. Get the FREE Report "The 6 Reasons a Loan Modification will work for you"

Author: mimortgagemod01
Tags: foreclosure help refinance while house is in government mortgage process
Posted: 16 December 2008
Rating: 0.0
Votes: 0

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Foreclosure Solutions Tips Secrets Resources

http://help-to-stop-foreclosure.com Stop foreclosure with secrets that foreclosure experts reveal and use to help prevent your foreclosure. Get the outstanding assistance you want today.

Author: CBreyr36
Tags: foreclosure solutionsforeclosure helpbailoutbankforeclosurestop
Posted: 18 December 2008
Rating: 0.0
Votes: 0

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NBC Nightly News with Brian Williams _ Foreclosure Fix Bogus, HUD Says

NBC Nightly News with Brian Williams series page at Hulu.comDec. 17: Secretary of Housing and Urban Development Steve Preston said the centerpiece of the federal government's effort to help struggling homeowners has been a failure. NBC's Lisa Myers reports.

Author: hulu
Tags: NBC news MSNBC Brian Williams Lester Holt evening broadcast night interview anchor newscast
Posted: 19 December 2008
Rating: 0.0
Votes: 0

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Stop Stockton Foreclosure

http://www.stopstocktonforeclosure.com will buy your house from you before you go to foreclosure. We are located in Stockton California and we help you to avoid a foreclosure in Stockton. Sell your house in Stockton and prevent foreclosure so you feel good about starting over without your credit being destroyed for the next 10 years. No money out of your pocket.

Author: qwebm306
Tags: stop stockton foreclosure avoid find home buyer in
Posted: 24 December 2008
Rating: 0.0
Votes: 0

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Peter Cohan...Obama and the Economy

To help the economy, President Elect Barack Obama has already discussed economic stimulus, middle class tax cuts, mortgage modification, a moratorium on foreclosures, infrastructure spending, wider health care coverage, and investment in alternative energy. But the 43rd president left Obama with a challenge -- to figure out the underlying problems with the current financial system and rebuild it.

Author: LBNstudio
Tags: legalbroadcastnetworkcohandrakeobamaeconomypodcastvideoLBNlawspendingforeclosuresfinancialhelath carestimulus
Posted: 06 January 2009
Rating: 0.0
Votes: 0