Delaware crime: Pastors accused in mortgage scheme

They promise the homeowners that they will help them sell their home to a third party to avoid foreclosure, with the understanding they will be able to lease the property until they have enough money to take it back, he said.

"In reality, in these types of schemes, this never happens," Biden said, as hidden, exorbitant fees strip the value from the property and make it impossible for the struggling homeowner to buy it back.