More Details on Loan Modification Beating and Torture

by Moe Bedard on October 28, 2009 · 0 comments

in American Nightmare

loan modification tortureMore disturbing details are  coming out in regards to the  beating, torture and robbery of two loan modification agents. Apparently the victims and the suspects were actually doing business together in a loan modification referral scheme that involved some California Realtors.

This is actually quite common in California for licensed real estate agents to be involved in some type of foreclosure prevention or loan modifiction scheme. Many real estate agents are offering this service and teaming up with mortgage brokers or lawless lawyers to curtail the law.

Now it appears that these misdeeds and crimes are coming back in the form of KARMA for some of these ethically and morally corrupt real estate and mortgage agents. Some victimized people will take justice into their own hands and be the judge and jury for many of these scammers.

I do not condone any acts of violence and it certainly never solves the underlying problem. But I suspect that the two victims in this case may be officially and involuntarily retired from the loan modification business for good. Do you?

Glendale News:

Dean and Garcia were reportedly helping La Cañada residents Mary Ann Parmelee and Daniel Weston, both 52, modify their home loan to get out of foreclosure, according to the Los Angeles district attorney’s office.

The couple’s address in the 4800 block of La Cañada Boulevard is also the location of Lee’s DW Real Estate Development, where prosecutors allege Parmelee was a Realtor.

She and two other alleged attackers — Mario Gonzales, 47, of Glendale, and Marissa Parker, 49, of Sylmar — often sent loan modification referrals to the agents, the district attorney’s office stated.

“These people . . . all had some type of business relationship,” Lorenz said. “They knew of each other.”

But when a dispute over their loan modification service arose, Parmelee, Weston, Gonzales, Parker and Gustavo Canez, 36, of Los Angeles allegedly planned a meeting with the agents and attacked them in the office, according to the district attorney’s office.

Authorities would not say for how long the two loan agents were imprisoned and beaten.

All five suspects were charged with two counts of torture, two counts of false imprisonment by violence and two counts of second-degree robbery.

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