twitter linkedin
facebook google+
Search:

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to MortgageDaily.com and get immediate access to all news, statistics and archives.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from MortgageDaily.com.

Mortgage News Reprints
Put entire MortgageDaily.com stories in your online or printed newsletter or publication.

Mortgage Feedget RSS code
Condensed MortgageDaily.com stories free on your Web site or for your RSS reader.

News Archives
Archive of MortgageDaily.com stories by month going back to 1999.

Press Releases
Reports and announcements from MortgageDaily.com.

Mortgage Statistics
Data and statistics for real estate finance.

Mortgage Directories
Directories of lenders, branch operators and mortgage service providers.

Mortgage Graphs
Directories of lenders, branch operators and mortgage service providers.

home subscribe advertise reprints e-mail help RSS about us LOG IN

Mortgage News

 

Mortgage News

HOT Topics

production

servicing

compliance

legal

fraud

secondary

jobs

appraisal

site map

www.loan-academy.com/

Local Mortgage Fraud News Stories
Illegal Flipping Schemes, Appraisal Fraud and other Mortgage Fraud


July 2012 Archive
Last Updated Tuesday, October 09, 2012 09:33 AM Texas Time


Mortgage Fraud Wire


Local, State and Federal Government Announcements

Dozens of Straw Buyers Involved in $15 Million Scheme
Eric Maratea, 27, a house painter from Philadelphia who earns approximately $250 a week, on June 20, 2007 purchased a condominium unit at 2401 Surf Avenue in North Wildwood for $617,000.

Realtor Stripped Equity, Defrauded Lenders
A former East Berlin, Pa.-area woman has been sentenced to serve nearly 20 years in federal prison for defrauding homeowners out of more than $2.4 million between 2006 and 2008.

Mortgage Fraud Case Involves Attempted Murder
Three South Jersey residents are among nearly a dozen people charged in an elaborate, $15 million mortgage scam that led to the attempted murder of one of those involved, federal authorities said Thursday.

Mortgage Fraud Was All in the Family
The U.S. Department of Justice Tuesday unsealed a 26-count indictment against a Bakersfield, Calif., family and their associates, accusing them of causing $5 million in lender losses in a years-long mortgage fraud scheme.

Indictment in Multimillion Dollar MN Mortgage Fraud Case
The Twin Cities' housing boom is long over, but federal prosecutors are still mopping up allegations of multimillion-dollar mortgage frauds from that period.

Mortgage Fraud Guilty Plea Follows 6 Convictions
A Utah man pleaded guilty Thursday to his part in a multimillion-dollar mortgage fraud scheme involving homes in a Putnam County subdivision.

Fake Military Orders Used to Deceive Lenders
PLANO, Texas -- Four Texans are charged with using fake military documents in a mortgage fraud scheme and then using at least one of the homes involved to grow marijuana, federal officials said Thursday.

Criminal Defense Attorney Gets Break on $9 Million Fraud Sentence
The sentencing of Charles Murphy started with a question that might have been on the minds of anyone who has followed the career of the veteran Chicago criminal defense attorney.

Probation for Straw Buyer Who Was Paid $5,000
A man who pleaded guilty to concealing an $11 million mortgage fraud scheme was sentenced to two years of probation Wednesday.

Fraud Trial Begins in $142 Million Mother-Son Case
Jury selection began Thursday, July 5, in a $142 million mortgage and securities fraud trial of a Murrieta, Calif., mother and son in which small-potatoes California and Arizona investors were persuaded to turn over their retirement savings and funds, max out credit cards and refinance homes to fund dubious investments in everything from real estate to foreign currency to jewels.

Realtor Admits to $10 Million Scheme With Prison Guards
A young real estate agent has admitted that he and a group of prison guards were involved in a scam involving rundown houses in New Haven, Conn., that swindled $10 million from banks issuing mortgage loans.

500 Fraudulent Mortgages Caused $100 Million in Losses
A Fenton, Mich., man pleaded guilty today to running a massive mortgage fraud scheme that cost lenders more than $100 million in losses -- some of which was used to buy cars, boats, trips and a helicopter for several con-artists who were in on the scam, according to authorities.

Mortgage Fraud Among Issues Facing Justice Department in Golden State
Benjamin Wagner, the U.S. attorney for the Eastern District of California, was in The Bee newsroom Monday, taking part in a live chat with readers online.

CA Developer Faces More Fraud Charges
OAKLAND, Calif. -- In September, federal investigators will charge more individuals as part of an FBI investigation into Concord-based developer Seeno Homes and its affiliates, a federal prosecutor told a judge Thursday.

Man Admits Lying About Income for $2 Million Refinance
TALLAHASSEE, Fla. -- A Grand Rapids, Mich., man entered a guilty plea in federal court in Tallahassee Thursday to a charge that he defrauded Sun Trust Mortgage Inc., according to a release from the U.S. Attorney's Office.

Title Agent Headed for Jail
The assistant manager of a Gambrills, Md., title agency convicted in a $4.9 million mortgage fraud scheme was sentenced to four years in prison Wednesday, federal prosecutors said.


Owner of New Jersey-Based Mortgage Foreclosure Rescue Companies Sentenced to 46 Months in Prison for $10 Million Mortgage Fraud
Three Individuals in Oklahoma to Pay $5.3 Million for Allegedly Making False Statements in Refinance Scheme
Two Queens Attorneys Convicted of Mortgage Fraud
Scottsdale Man Sentenced to 5 Years in Federal Prison for Mortgage Fraud Conspiracy
Business Owner Pleads Guilty in Mortgage Fraud Scheme That Cost Lenders More Than $1 Million
Former Jacksonville Title Agency Owner Sentenced to 18 Months in Federal Prison for Mortgage Fraud Scheme
Seven Defendants, Including Three Loan Originators, Indicted in Alleged $8.5 Million Mortgage Fraud Scheme
Former Boston City Employee Sentenced to 41 Months for Mortgage Fraud
Ellicott City Title Agent Admits to Stealing Over $684,283 from Mortgage Escrows
Former York County Woman Sentenced To Nearly 20 Years For Fraud
Three Elk Grove Residents Plead Guilty In Mortgage Fraud Scheme
Ashburn Realtor Sentenced to 84 Months in Prison for Orchestrating $7 Million Mortgage Fraud Scheme
Jury Convicts Former Bank Examiner Of Mortgage Fraud
Eleven Charged, Arrests Made In $15 Million Mortgage Fraud Scheme
Manhattan U.S. Attorney Announces Charges Against Owner And Sales Manager Of Buy-A-Home Real Estate Brokerage For Participating In $7.5 Million Mortgage Fraud Scheme
Indictments Returned in Hammond Federal Court
Local Business Owner Pleads Guilty in Mortgage Fraud Case
Nine Persons Charged in Bakersfield Mortgage Fraud Conspiracy
Attorney Convicted In Manhattan Federal Court For Participating In $66 Million Mortgage Fraud Scheme
Five Indicted in Combination Foreclosure Rescue/Drug Distribution Scheme
Four Individuals Indicted In Mortgage Fraud Scheme
Four Charged in $11 Million Loan Origination Scheme, Ramona Real Estate Agent and Seattle Businessman Enter Guilty Pleas
Two North County Loan Officers Admit Fraudulently Obtaining Mortgages and Siphoning Off Nearly $1 Million in Bogus Fees
Inver Grove Heights Man Indicted In Mortgage Fraud Scam
Two Chicago Lawyers Among Four Defendants Sentenced to Prison for Roles in Multi-Million Dollar Mortgage Fraud Scheme
Straw Purchaser Sentenced
Utah Man Pleads Guilty to Charges Connected to Multi-Million Dollar Mortgage Fraud Scheme
East Haven Attorney Admits Participating in $10 Million Mortgage Fraud Scheme
Waterbury Attorney Admits Participating in $10 Million Mortgage Fraud Scheme
Anaheim Hills Man Sentenced To 144 Months Imprisonment For Wire Fraud Conspiracy And Tax Evasion In Mortgage Fraud Conspiracy Over $1.1 Million In Restitution Ordered To Victims And IRS
Sheldon Harmon Charged with Bank Fraud, Money Laundering and False Statements to a Bank
New Haven Man Pleads Guilty to Role in $10 Million Mortgage Fraud Scheme
Brookwood Man Sentenced to 18 Months in Prison for Mortgage Fraud Scheme
Four Defendants, Including Realtor and Loan Originators, Indicted in Alleged $9.1 Million Mortgage Fraud Scheme

mortgage fraud news archives


Local Mortgage Fraud news
News about local mortgage fraud.



Mortgage Fraud News | Fraud Statistics | Fraud Index | Fraud Blog
Mortgage broker, originator and banker criminal cases. Real estate flipping and appraisal fraud. Mortgage fraud prevention, studies and analysis.



Logout forgot
password?

Mortgage Fraud Statistics
Government and private data on volume of mortgage fraud activity.



Mortgage Fraud Index
Dollar and index amount by quarter and state.



Mortgage Fraud Litigation
Lawsuits and settlements invoving mortgage fraud by a lender insider. From 2007 through first-quarter 2013



Mortgage Fraud News
News stories about fraud committed against home lenders.



Mortgage Fraud Blog
Actions in mortgage fraud criminal and civil cases.



local mortgage fraud


mortgage fraud links



SUBSCRIBERS: Edit Subscription | Subscription Help | or call 214.521.1300

Subscribe Contact Us Site Map

Copyright © 2017 Mortgage Daily, D a l l a s
Subsribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

p r i c i n g engine directory

wholesale lender directory

More Mortgage News Resources (full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

free mortgage news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter

MBS

mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

mortgage fraud local news

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

real estate news

refinance news

reverse mortgage news

sales blog

secondary marketing

social media

servicing news

subprime news

wholesale lenders

wireless mortgage news