twitter linkedin
facebook google+

Mortgage News

News by Subject
Complete list of specialty news sections.

Purchase Subscription
Subscribe to 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

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

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

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

Press Releases
Reports and announcements from

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









site map

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

December 2012 Archive
Last Updated Monday, April 01, 2013 03:16 PM Texas Time

Mortgage Fraud Wire

Local, State and Federal Government Announcements

Former Chamber of Commerce President Admits Lying for $0.6 Million Mortgage
Former Filipino Chamber of Commerce President Stephen Callo pleaded guilty in U.S. District Court today to wire fraud for lying about his income to secure a $553,501 loan to buy a Makakilo home in 2006.

10-Year Sentence Cut to 2 Months in $13 Million Mortgage Fraud Case
FORT WORTH, Texas -- State District Judge George Gallagher has ordered the shock-probation release of a woman who has served less than two months of a 10-year sentence for a key role in a $13 million mortgage fraud, prosecutors said Saturday.

Prison for California Mortgage Broker
A Santa Margarita, Calif., man was recently sentenced to prison for participating in a complex mortgage fraud scheme operated out of Santa Maria, Calif.

California Development Company Linked to Mortgage Fraud
Employees of a Seeno, Calif., development company have been implicated in a mortgage fraud ring, expanding an investigation into real estate dealings by the Contra Costa construction family's various corporations.

Prison for Las Vegas Realtor in $10 Million Mortgage Fraud Case
A Las Vegas real estate agent who took part in a mortgage fraud scheme that netted more than $10 million in fraudulent home loans was sentenced Wednesday by a federal judge to serve more than five years in prison.

Former Mortgage Firm President Headed for Prison
A Kansas federal judge sentenced an Overland Park, Kan., man to two years in prison Monday for his role in a mortgage fraud scheme.

Former Dallas Cowboy Sentenced to Hard Time
Former Dallas Cowboys linebacker Eugene Lockhart Jr. was sentenced Wednesday to 41/2 years in prison for playing a leading role in a $20 million mortgage fraud scheme.

Guilty Plea in Case Involving Fake Home Appraisals
MYRTLE BEACH, S.C. -- Cynthia Fortenberry, a former mortgage broker who was facing seven felony charges of falsifying loan documents in an Horry County real estate-related fraud case, pleaded guilty to a lesser charge Tuesday -- one day before her trial was to begin in federal court in Florence.

2 Mortgage Fraud Cases, 1 Indictment, 1 Guilty Plea
Three of the key figures in a 2007 deal in which a learning disabled man was duped into buying an inner city home are facing unrelated federal mortgage fraud charges.

Defendant in $45 Million Mortgage Fraud Case Changes Plea
A Summerville, S.C., man charged with masterminding a $45 million mortgage fraud plans to formally change his plea later this month.

3 Women in $10 Million Mortgage Fraud Case Headed to Prison
Three women who helped a Puyallup, Wash., banker become Pierce County's king of bad mortgage loans learned Wednesday the price of their perfidy.

Former Needham Real Estate Attorney Sentenced For Mortgage Fraud
Dutch man pleads guilty to tax fraud, mortgage fraud conspiracy
Owner Of Buy-A-Home Real Estate Brokerage Firm Pleads Guilty In Manhattan Federal Court To Multi-Million Dollar Mortgage Fraud Scheme
Extradited Romanian Fugitive Arraigned on Mortgage Fraud Charges
1 Fraud Scheme Prompts Legal Actions in 3 States
Three Individuals Indicted in Mortgage Fraud Scheme Involving Properties in the Reservoir Hill Neighborhood of Baltimore
Dallas County Man Sentenced to Nearly 16 Years in Federal Prison for Running Multi-Million-Dollar Mortgage Fraud Scheme Involving Upscale Townhomes in Dallas
Madigan Sues "Forensic Loan Audit" Schemes for Ripping off Homeowners Seeking Loan Savings, Help Fighting Foreclosure
Mortgage Company Owner Pleads Guilty in $1.3 Million Fraud Scheme
Las Vegas Real Estate Agent Sentenced to 70 Months in Prison for Her Role in Mortgage Fraud Scheme
Aldridge Pleads Guilty to Bank Fraud in Connection with Mortgage Fraud Scheme
Three Men Involved in Central Coast Mortgage Fraud Scheme Sentenced to Prison and Ordered to Pay $2.4 Million in Restitution
Former South Hadley Man Sentenced in Mortgage Fraud Scheme
Overland Park Man Sentenced For Mortgage Fraud
Former Countrywide And NCB Loan Officer Sentenced To Federal Prison For His Participation In Large-Scale Mortgage Fraud Scheme
All Defendants Sentenced in More Than $20 Million Mortgage Fraud Scheme Led by Former Dallas Cowboy Eugene Lockhart
Ocean County, N.J., Man Indicted In Mortgage Fraud Scheme
SEC Charges 10 in Insider Trading Ring Around Investment Banker's Illegal Tips on Impending Mergers
Che Brown Pleads Guilty to Bank Fraud, Admits Using False Documents to Modify His Mortgage
Two California Men Sentenced For $8.5 Million Mortgage Fraud Scheme
Florida CPA Sentenced for Role in Foreclosure Scheme
Redding Man Sentenced for Investment Fraud
Six Defendants Sentenced in Multi-Million Mortgage Fraud Scheme at Jade Apartment Complex in Miami
San Francisco Man Sentenced to 12 Years in Federal Prison for Orchestrating Mortgage Fraud Scheme
Former Sarasota Loan Officer Pleads Guilty to Mortgage Fraud
Mortgage Fraud Schemer Sentenced
Three Co-Conspirators Who Participated In Massive Mortgage Fraud Sentenced To Prison
North County Loan Officer Sentenced for Mortgage Fraud Conspiracy That Netted $1 Million in Bogus Fees

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

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

GSE news

jumbo mortgage news

interest rates

loan modification news

loan originator survey

LOS Newsletter


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

secondary marketing

social media

servicing news

subprime news

wholesale lenders