Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Businessweek Archives

Beware of Mortgage Rescue Firms

? Nobody's immune |


| The Mercury Rising ?

May 18, 2006

Beware of Mortgage Rescue Firms

Peter Coy

People who fall behind on their mortgages can fall prey to "rescue" firms that take over their houses and then eventually evict them. Here's a heartbreaking story on the topic from the St. Petersburg Times. Thanks to blogger David Porter of Pacesetter Mortgage for pointing it out.

08:00 AM


TrackBack URL for this entry:

I read this article in the Times on Sunday. It's sad when desperation sets in and emphasizes the need to read documents carefully.

Maybe you should do a post on the guy that in 2002 bought underwater lots in Tampa Bay from tax auctions and then forced homeowners to pay gobs of money or have access to their docks restricted. Another story of the property boom.

Posted by: Wes at May 18, 2006 12:02 PM

blog comments powered by Disqus