Shari Olefson is a Florida-based real estate attorney who has a Master of Law degree in real property, land development, and finance. She recently authored the book Foreclosure Nation: Mortgaging the American Dream (Prometheus, New York, 2009). Learn more at www.foreclosurenationthebook.com.
The expansion of government efforts to curb foreclosures encourages the rise of shadowy private sector initiatives promising to protect distressed borrowers. Also, many former mortgage brokers, title agents, and related professionals now specialize in foreclosure rescue. While most are honest, some are the same people who not long ago were promoting fraudulent and inappropriate subprime mortgages.