Legal Question in Real Estate Law in California

Re: grant deed

This is a scam which has been around for years and it, or a variation, resurfaces whenever loan interest rates start creeping up. It is a form of loan fraud and you likely assisted in getting a loan on property that had an improperly inflated value and wherein loan fees were taken out by the group; the worst move you made was to deed the property back to the "investment group", as now the loan is in your name, but you do not hold title to the property! This is fraud and is in violation of more than one federal law, and you could file criminal complaints with the authorities, but they often don't prosecute because they are overwhelmed with other matters and can't understand complex crimes of this nature. If the "investment group" is still around, you can sue them, but it is likely that they have taken off and/or hold no title to anything in their names. You can sue the homeowners, but until you get a judgment, you have to make all payments on all loans or else foreclosure will take place and your credit will be ruined. You should also be aware that a court might find that 1) you were a knowing participant in this illegality, and/or that if you did not know what you were doing was illegal then you have only yourself and stupidity to blame. Take everything you have to a real estate attorney ASAP,OR start making payments, OR resign yourself to foreclosure and ruined credit.