Extract
Mortgage Scams Tackled
Homeowner Michael Cunningham bought into his Miami Gardens neighborhood in 2003, during the height of the real estate boom. To cover the $75,000 cost, Cunningham took a first mortgage of $600 a month and a second of $200 a month for his three-bedroom, one-bathroom house.
He refinanced the mortgage a few times, to consolidate debt. Then divorce, sicknes...See the full content of this document
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