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


December 2011 Archive
Last Updated Monday, December 29, 2012 10:58 AM Texas Time


Mortgage Fraud Wire


Local, State and Federal Government Announcements

70 Month Sentence in $12.8 Million Case
TAMPA, Fla. -- Chad Evans, mastermind of a $6.9 million scheme using straw buyers to inflate dozens of home mortgages, has been sentenced to five years and 10 months in federal prison.

SC Developer to Begin Prison Sentence
Kenneth Paul Holmes, a Columbia, S.C., area real estate developer who once boasted on his web site about his ability to flip homes for a profit, will begin serving a five-month federal prison sentence next week for his part in a Grand Strand mortgage fraud scheme.

Pa. Couple Charged for Defrauding WaMu on $2.5 Million Loan
A federal grand jury indicted a Sewickley Heights, Pa., couple on mortgage fraud charges, federal prosecutors said.

Charges Filed in 3-Property Case
Federal prosecutors charged a Wexford, Pa., man with being part of an alleged mortgage fraud scheme.

Appeal for Convicted FBI Agent Who Inflated Income on Application
MANCHESTER, Ky. -- First, he preached the Gospel in South Los Angeles. Then he picked up a badge and gun as an LAPD officer working the Wilshire Division. From there, he moved to the FBI, serving as an undercover agent in Los Angeles, then in Tennessee. His life, he said, was "my American dream."

Mortgage Fraud Convict Fails to Show Up for Prison
Federal authorities indicted a Golden Valley man this morning for failing to show up in October for the start of his 10-year prison sentence on mortgage fraud charges. Zack Zafer Dyab faces a maximum of five additional years in prison.

Mortgage Firm, Biggest Realtor Team Sued Over HELOCs
A lawsuit filed against a real estate team that has been ranked as the biggest in the country alleges that Maryland homebuyers were convinced to purchase another home before selling their current residences -- a scheme that allegedly generated more commissions in the process. Lawyers in the case seek class action certification.

Range of Fraud Schemes Emerging
WASHINGTON -- Could today's seductive conditions in the housing market -- severely marked-down prices, record low interest rates and hundreds of thousands of foreclosures waiting to be resold -- be breeding new generations of the very practices that led to the crash?

Defendant in $5.8 Million Case Seeks to Strike Earlier Statements from Record
Gaither B. Thompson II -- accused of taking part in a multi-million-dollar mortgage fraud scheme -- has asked a judge to exclude statements he made to federal investigators in 2009, when the fraud probe was in its early stages, from any court hearings.

Las Vegas Realtor, Estranged Husband Convicted
A couple once dubbed "the Bonnie and Clyde of mortgage fraud" were convicted of multiple counts by a federal jury in Las Vegas on Thursday.

Paralegal Pleads Guilty
An East Haven, Conn., paralegal has admitted her role in a New London County mortgage fraud headed by Jose Guzman of Waterford.

37 Months for Wife of Construction Firm's Owner
EAST ST. LOUIS, Ill. -- The wife of a former East St. Louis construction hauler was sentenced Tuesday in federal court for her role in a mortgage fraud scheme.

Mortgage Broker Headed for Prison
ST. LOUIS -- A St. Charles County mortgage broker who defrauded lenders of more than $200,000 on four north St. Louis properties was sentenced Monday in federal court here to 33 months in prison.

Mortgage Fraud Inmate Requests Hotel Furlough
A Harborcreek Township, Pa., man sentenced to prison for his role in a widespread local mortgage-fraud scheme wanted a temporary release from federal custody so he could spend holiday time with family at a luxury hotel in Pittsburgh.

Former County Official Being Sentenced
ROCK HILL, S.C. -- Paul Lindemann was a rising star in the York County Republican Party until a series of legal troubles derailed his political career.

$16 Million Mortgage Fraud Case Yields 11 Indictments
A Sacramento man who was sentenced to two years in state prison for attempted extortion was among 11 people indicted this week in connection with one of the largest mortgage fraud cases to hit Sacramento.

Woman Faces Fraud, Drug Charges
A woman authorities are searching for in Georgia is scheduled for a calendar call in Whitfield County Superior Court for multiple drug possession and distribution charges and more than 80 counts of mortgage fraud and conspiracy to commit mortgage fraud, court documents show.

Incarceration Can't Stop Defendant
Facing foreclosure, a Turlock, Calif., homeowner two weeks ago signed over part interest in his property to a man who promised to save the family home.

4 Indictments in $7 Million Case
A federal grand jury has indicted a title agent, her husband and two associates on charges of defrauding four lenders out of $7 million.

Attorney Headed to Prison
A former Cumberland County lawyer will spend 14 months in prison and must pay $182,702 in restitution for his role in an alleged mortgage fraud scam that left dozens of homes in foreclosure.

Bazaar Plea from Alleged Ringleader
ALBANY, N.Y. -- Five former employees of a Colonie firm that conned property owners, banks and lenders in a large-scale mortgage fraud scheme are all headed behind bars and owe millions of dollars.

California Twins Among 3 Arrested
Three top officers of a Stockton real estate company were arrested Thursday on suspicion of taking thousands of dollars in up-front loan modification fees and making false promises to lower the mortgage payments of struggling Central Valley homeowners, according to a news release from California Attorney General Kamala D. Harris.


State Police Arrests Two Brothers in Connection to a $2,280,000 Mortgage Fraud Scheme
TWO MORTGAGE BROKERS FOUND GUILTY OF MORTGAGE FRAUD
Kirby Lofts Trio Pleads Guilty
Cuyahoga County Mortgage Fraud Task Force Announces Guilty Pleas by Uri Gofman and Anthony Capuozzo
North Hills Man Charged In Mortgage Fraud Scheme
Couple Charged With Fraud Related To Mortgage Applications For Florida Condo
Metro-East Woman Sentenced on Mortgage Loan Fraud, Tax Fraud, and Food Stamp Fraud Offenses
R.I. Mortage Loan Processor Pleads Guilty in $3.5 Million Mortgage Fraud Scheme
Former Davenport Real Estate Agent Sentenced for Mortgage Fraud
Two Jackson Lawyers Sentenced For Money Laundering Conspiracy and Federal Bank Fraud
THREE MORTGAGE FRAUD DEFENDANTS SENTENCED TO PRISON
Florida Loan Officer Sentenced in Connection with $2.5 Million Reverse Mortgage and Loan Modification Scheme
Ashburn Realtor Charged In $7 Million Mortgage Fraud Scheme
Five Defendants Admit Stealing More Than $11 Million from Desperate Homeowners in Loan Modification Scam
DENVER WOMAN FOUND GUILTY IN MORTGAGE FRAUD SCAM
Assistant City of Miami Fire Chief Sentenced to Prison for Her Role in Mortgage Fraud Scheme
Former Destin Mortgage Broker Convicted By Jury On Federal Bank Fraud And Bribery Counts
Three Maryland Men Indicted For Alleged Pension Plan Fraud
FORMER LAS VEGAS REAL ESTATE BROKER AND TWO OTHERS CONVICTED OF MORTGAGE FRAUD
East Haven Paralegal Admits Participating in New London County Mortgage Fraud Scheme
Lender Representative Pleads Guilty To Mortgage Fraud
Metro-East Woman Sentenced On Mortgage Loan Fraud And Tax Fraud Offenses
NEW YORK MAN SENTENCED TO TWO YEARS IN FEDERAL PRISON FOR PARTICIPATING IN MORTGAGE FRAUD CONSPIRACY
St. Paul Woman Pleads Guilty In Mortgage Fraud Scheme
Scotch Plains, N.J., Man Admits $3 Million Mortgage Fraud Scheme
Florida Woman Pleads Guilty to Bank Fraud
THREE CHARGED WITH FRAUD IN FLORIDA FORECLOSURE RESCUE SCHEME
Elmsford Woman Convicted in White Plains Federal Court of Conspiracy to Commit Bank Fraud
Brockton Man Charged in Condo Fraud Scheme
TWO LAWYERS AMONG FOUR DEFENDANTS CONVICTED OF $9.2 MILLION MORTGAGE FRAUD SCHEME AFTER NINE-WEEK FEDERAL TRIAL
Columbia Man Sentenced to Prison in Mortgage Fraud Scheme
Third Defendant In Mortgage Fraud Scheme Sentenced To Prison
FORMER SANTA FE BANK OFFICIAL PLEADS GUILTY TO MISAPPLICATION OF BANK FUNDS
Kingpin of Massive Mortgage Fraud and I.D. Theft Ring Sentenced to 4 to 12 Years in Prison
WESTON MAN SENTENCED TO 33 MONTHS IN FEDERAL PRISON FOR PARTICIPATING IN MORTGAGE FRAUD CONSPIRACIES
Four Indicted in $7 Million Mortgage Fraud Scheme
Denver Real Estate Agent, Broker, and Appraiser Sentenced to Federal Prison as Part of $4 Million Mortgage Fraud Scheme
A.G. SCHNEIDERMAN ANNOUNCES SENTENCINGS FOR MULTI-STATE MORTGAGE FRAUD SCHEME
Former Dayton Title Agency Owner Pleads Guilty to Role in Mortgage Fraud Scheme
Metro-East Men Sentenced on Tax Fraud and False Statement Offenses
FINAL DEFENDANTS SENTENCED IN SEVEN-PERSON MORTGAGE FRAUD CONSPIRACY
Attorney General Kamala D. Harris Announces Arrests in Stockton Foreclosure Scam

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