Foreclosures of Houses Traced to Family of Frauds Running Marriott Mobile Homes
Foreclosures of houses transacted by firm named Marriott Mobile Homes, have been traced back to a family of frauds in Texas. A couple of Navarro County, Lynn and Kandace Marriott were lately ordered to be imprisoned for a long period. They were proved to be guilty of mortgage activities that were fraudulent. It resulted in the foreclosure of a good number of mobile houses in that region.
As per court record, the two together with others in their family seized opportunities to line their pockets seeing that there were a huge number of distressed properties for sale in Texas. They sold these dwellings to those who did not have affordability income.
After pleading guilty Lynn was sentenced to be jailed for 28 years. The hearing took place in the court of Kaufman County. He did not deny being involved in a plan chalked out to cheat clients. Most of them lost their houses to foreclosures initiated by the banks. Lynn took the help of his wife Kandace and Karn Hayes, his sister-in-law. The latter were accused of faking documents in these nefarious schemes.
Texas is besieged with foreclosure related problems. The government, banks and Fannie Mae are all active in foreclosing on defaulters. Fraudulent activity has become quite common in this atmosphere of chaos. The Marriotts may have got away scot-free if one of their former associates had not filed a complaint with the police regarding forgery of his signature.
David Martin, the previous associate, said that the pair had sold properties numbering thousands through many years. Many of these houses sold through Marriott’s firm ended up being foreclosed upon. Investigations by the police showed that the couple took recourse to illegal means to sell off these properties; one method was forging signatures and using false documents.
Martin alleged that his signature was used to forge cheques that were encashed by others. When few other buyers who had bought houses from the Marriotts heard about the investigations they too came came forward to show their documents that proved to be false.
False documents were used to sell a good number of units by Marriott Mobile Homes. The owners were Lynn and Kandace Marriott. Many of these houses ultimately were foreclosed upon. Majority of the former owners came forward to file complaints against the cheating couple. This led to initiation of investigations and the subsequent sentence.
Know a homeowner who lost their job, and was in the process of a short sale with Washington Mutual, when homeowner was notified that the house was already foreclosed on a month earlier, notified Washington Mutual at the time and even they were not notified of the foreclosure and were working on the short sale with the homeowner and real estate agent. Something smells fishy, how could this happen.