Enhance and Templeton Mortgage Firms Charged With Fraud

Mortgage fraud lawsuit
Mortgage fraud lawsuit

Two mortgage firms were accused of telling elderly property owners they would received up-front cash for their land, but paid in trickles or forced them to accept lower amounts of money.

Texas Attorney General Greg Abbott filed suit against Enhance Mortgage Corporation and Templeton Mortgage Company this week. The complaint says the companies particularly targeted elderly owners or those who weren't experienced in the complex language of real estate transactions.