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]

 

Related Articles

arrow_forward_ios
Nationwide foreclosures are at a 15-year low (Credit: iStock)

Foreclosures nationwide fell to 15-year low in 2019

494 Broadway and Thor Equities' Joe Sitt (Credit: Google Maps)

Thor faces foreclosure on site where lender says it’s seeking “unrealistic rents”

Maefield Development's Mark Siffin and 20 Times Square (Credit: Maefield)

Lender forecloses on Maefield’s billion-dollar Times Square project

Thor Equities' Joe Sitt and 725 8th Avenue (Credit: Google Maps)

Thor facing foreclosure at Theater District building

Home foreclosures dropped nearly 20% in Q3, report shows

Home foreclosures dropped nearly 20% in Q3, report shows

Manhattan’s 10019 zip code, which covers Midtown, Times Square, Herald Square and Midtown South, saw the most foreclosures in the borough with eight. (Credit: iStock)

Manhattan foreclosures soar 118%, driven by mortgage defaults

15 East 63rd Street and Oleg Cassini (Credit: Google Maps and Getty Images)

Oleg Cassini’s former UES headquarters faces foreclosure

Mayor Bill de Blasio and Frank Carone (Credit: Getty Images)

City tapped De Blasio donor to take over foreclosed properties

arrow_forward_ios
Loading...