Industry News

In-depth look at mortgage-elimination schemes

Part 1: Removing real estate loan debt
Published on Jan 27, 2005

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by CareyBot

Editor's note: Federal investigators are looking into so-called mortgage elimination programs that claim to wipe out home mortgages or other forms of debt for consumers. In this three-part series, we provide a case study of one mortgage-elimination process. Part 1 explores the methods the group's proponents use to try to convince title companies and lenders that it has successfully eliminated mortgages. Part 2 follows the group's beliefs and why they think mortgage elimination is possible ...

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