Brooklyn homeowner victimized by alleged corrupt broker

TRD New York /
Jul.July 26, 2010 01:45 PM

Brooklyn homeowner Angela Neysmith paid real estate broker Lavette
Bills $3,000 after she allegedly promised to cut her loan payments via
President Barack Obama’s foreclosure prevention plan. But Neysmith
never got the promised loan modification to bail her out of the
foreclosure she was facing on her Midwood home, the Daily News
reported. She was also forced to send papers to the bank to process her
modification application after Bills reportedly did not, and that
application was rejected because the numbers didn’t add up, she told
the Daily News. Bills and three others had previously been indicted in
a $3 million mortgage fraud scheme, The Real Deal reported in May.
Bills pleaded not guilty and is awaiting trial, free on a $250,000
bond. In an interview with the Daily News, Bills denied scamming
Neysmith, but declined to answer questions. A few hours later, Bills
showed up at Neysmith’s house with a check for $1,500. Neysmith said
Bills promised she’d get the rest of her money next month. [NYDN]


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