Jeff Watson says back in March 7 a complaint was filed in the Superior Court of Arizona in Maricopa County by the Attorney General of the State of Arizona, Kristin K. Mayes, which laid out allegations regarding “a convoluted scheme by the defendants to strip Arizona homeowners of millions of dollars of equity in their homes.” The AG then defined “equity stripping schemes” as targeting “homeowners who have significant equity in their homes, but are facing foreclosure by their mortgage lenders,” and “these high-equity homes are worth significantly more than the balance of the mortgage in foreclosure.” Click here to read more.