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Jean Coyle is an ex-college professor with two masterís degrees who had once taught students about retirement. Responding to a call within her she became a minister in the church but soon found herself without a job. Her years caring for the sick and dying, her degrees all went unrecognized. Keeping her dignity she retired from a temporary job.
Former Alderman Edward Vrdolyak has been trying to save law firm officers from foreclosure even while serving a ten month prison term in Indiana; he will be released in the middle of November. The charge pertains to a loan he took from First Suburban National Bank. The latter has been shut down by regulators.
So long as the foreclosure crisis rages so will scams dominate the scenario. Recently officials in Ohio nabbed 13 offenders engaged in a fraudulent scheme involving $13 million. The accused were all employed with Argent Mortgage Company. Contractors were also involved ins submitting false loan applications.
Talks are proceeding with the banks and attorneys general regarding compensation for foreclosure abuses. Two attorneys general from Illinois and North Carolina said that if no settlement was reached about compensation and standards of foreclosure procedure then they would take legal action against the mega mortgage services.
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