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Tag: foreclosure auction

Man who stole Larry Faulks’ home pleads guilty to auction rigging,...

Did a company called DMG Asset Management buy your foreclosed home? It bought Larry Faulks’ Diamond Heights home from Wells Fargo Bank after the bank put it up for foreclosure auction via a practice called dual tracking, whereby a bank forecloses and auctions off a home whose loan it is supposedly in the process of modifying.

82-year-old Black farmer arrested, charged with making terrorist threats

Harry Young, an 82-year-old Black farmer from Owensboro, Kentucky, was arrested and released on $50,000 bond in connection with allegations of threatening U.S. Department of Agriculture employees - terroristic threatening. It all stems from a contested foreclosure and sale of his family farm in 2005.