Rosario Divins, 54, San Antonio, Texas, a self-represented foreclosure prevention specialist, has been indicted. The indictment alleges that since January 2000, Divins engaged in a fraudulent foreclosure prevention scheme allegedly unjustly enriched herself by collecting large sums of cash or property titles from individuals in desperate financial situations who responded to her mailout offering to stop their residential foreclosures. Despite three separate sanctions from the United States Bankruptcy Court for the Western District of Texas ordering her to stop misrepresenting herself and making false promises to her clients, the indictment alleges that Divins has continued to implement her scheme.
This case was investigated by the Federal Bureau of Investigation. Assistant United States Attorney Mark Lane is prosecuting this case on behalf of the government.
A indictment is a formal accusation of criminal conduct, not evidence of guilt. The defendant is presumed innocent unless and until convicted through due process of law
Rachel Dollar, the editor of Mortgage Fraud Blog is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors.