Comments on: “Foreclosure Lawyers Put Second Mortgages on Clients’ Homes”

By: robert

robert — Tue, 09 Nov 2010 23:44:59 +0000

Well, there is a problem. If you’re a lawyer representing a deadbeat, how do you get paid?

By: k m

k m — Tue, 09 Nov 2010 19:53:15 +0000

er – depending on the state this may or not be legally enforecable as there are strict limits on who may “originate” a mortgage in many states. could be interesting class action potential….

By: John Burgess

John Burgess — Tue, 09 Nov 2010 17:32:46 +0000

Forget the bridge… who has money for that? I’ve got a house to sell you.

By: E-Bell

E-Bell — Tue, 09 Nov 2010 16:22:01 +0000

“We would never enforce the mortgage and foreclose,” he said. “We’re not in that end of the game. We’re not money lenders. We’re charging a small amount of interest” — four percent — “just to make it legal.”

If you believe that, I’ve got a bridge to sell you.