Washington Cracks Down on Foreclosure 'Rescue' Schemes

Seattle Weekly | April 7, 2008
The state's new law establishes a five-day opt-out period if the homeowner smells a scam; it requires that the homeowner be able to afford all the terms and receive 82 percent of the fair market value if the house is sold.

Seattle Weekly

Seattle Weekly is the largest weekly in the Northwest and the predominant alternative to the JOA daily papers in Seattle. Founded in 1976, it serves up fiercely independent coverage of Seattle politics, urban issues, and arts, with prize-winning reporting and...
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