Mortgage ArticlesMortgage Fraud (12)
Mortgage
Fraud...Defendants Arraigned in Suffolk County Mortgage Fraud
The
investigations continue...fraudsters are indited and convicted...and
it seems as though there's no end in sight. This article recently
appeared in BrokerUniverse.com...
Mortgage
Fraud...Sports Commentator Arraigned For Alleged RE Fraud
The
investigations continue...fraudsters are indited and convicted...and
it seems as though there's no end in sight. This article recently
appeared in BrokerUniverse.com...
Mortgage
Fraud...Two Recent Legal Actions
The
investigations continue...fraudsters are indited and convicted...and
it seems as though there's no end in sight. Here are two recent
happenings...
Mortgage
Fraud...Seven Charged In Fraud Scheme Involving More Than 100
California Properties
The
investigations continue...Sometimes the investigations are even
given names...fraudsters are indited and convicted
...and it seems
as though there's no end in sight. This article is worth
reading...
Mortgage Fraud...Ten Charged in New York Fraud Scheme as Part of "Operation Bad Deeds"
The
investigations continue...they're even given names, fraudsters are
indicted and convicted...and it seems as though there's no end in
sight. This article is worth reading...
Mortgage
Fraud...Mortgage Scheme Leader Who Targeted, Victims Through TV Ads
Sentenced
Investigations
continue...fraudsters caught and convicted, and there's more to come.
The FBI now has a very active Mortgage Fraud Division.
Mortgage Fraud...Equity Stripping
All
of us are being impacted by a dark corner of the foreclosure
mess...many people who are losing their homes to foreclosure are taking
revenge and stripping their homes before the bank takes them back.
They're
mad as hell at the bank, and the property...instead of assuming some
responsibility, and being mad at themselves. Regardless of who is to
blame...stripping a house prior to foreclosure is “Equity Stripping.
This article is worth reading...
Mortgage
Fraud...Florida Residents Charged...Georgia Attorney Sentenced
Here's
a couple of examples of what can happen when we lose our moral way
and get greedy. A good reminder of what can
happen...
Mortgage
Fraud...The Buy And Bail
From
all accounts, a new scheme is creeping into the mortgage
marketplace. Although it's not new, it is now becoming more
prevalent in those areas that have experienced a significant
decline in real estate values...
Mortgage
Fraud...What's Currently In The News
The
“Mortgage Police” continue to investigate and bring to justice
those folks involved in mortgage fraud. Heed the warning, operate
within the law, and report those that are not. All of us
are obligated to police our industry and our profession. You are
not considered a tattle-tale when you report such a crime...Mortgage
Fraud...A $100 Million Scheme
The
“Mortgage Police” are still working and investigating as
evidenced by the following story.
Among other things...the
defendants allegedly created an appraisal report for a two-family
home with a stated value of more than $500,000, when in reality
the location was a vacant lot. Did these folks really think they
could get away with this?
Mortgage
Fraud...A Must Read Article
The
following article appeared in BrokerUniverse.com on June 19, 2009.
If you don't think they're serious about “Mortgage
Fraud”...think again.
Eight defendants were sentenced in New
York federal court and not only received extensive jail sentences,
they were
ordered to...<<Back<<
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