FBI raids mortgage-elimination promoter's operation - 2005-02-14
The FBI, along with state and local law enforcement agencies, earlier this month raided a Union City, Calif., office used by promoters of a national mortgage-elimination scheme, Inman News sources confirmed.

Agents tooked documents and also seized bank accounts connected with the office, which is associated with The Dorean Group mortgage-elimination process, sources said. No arrests were reported.
Read the full story at Inman.com

Home equity boom: Rewards & Risks - 2005-02-14
It's hard to open your mailbox or read the paper lately without noticing an advertisement for a home equity loan or line of credit.

With property values increasing and mortgage refinancing waning, tapping home equity is the hot way for consumers to borrow money for remodeling their homes, consolidating debt or paying college tuition.

Even with interest rates on the rise, home equity borrowing is typically much cheaper than using a credit card. It also offers a tax deduction, just like a mortgage.
Read the full story at Miami Herald