WHMIDETROIT, April 9 (UPI) — A Michigan high school dropout was sentenced to 13 years in prison for operating a massive mortgage fraud that brought in nearly $100 million. A federal judge in Detroit also order…

CBS Local To make matters worse, when the alleged victims complained about their homes being placed in default, they were told by Cueva that they had been approved by the banks for a trial period of lower…

A Coventry man is among six suspects arrested for their participation in one or more mortgage fraud schemes netting an excess of $3.9 million in mortgage financing obtained under false pretenses, the State…

A federal grand jury on Thursday charged two Ashburn resident with conspiracy and bank fraud charges related to the investigation of an alleged $20 million mortgage fraud scheme involving nearly three dozen…

DALLAS — (April 8, 2013) /PRNewswire/ The holidays took a toll on mortgage fraud prosecutions as the Q4-2012 Mortgage Fraud Index sank to its lowest level in nearly five years. However, the drop appears to…

Seattle Post Intelligencer (blog)The Department of Justice has filed suit against Golden First Mortgage Corp. and its owner David Movtady for Federal Housing Administration loan fraud. The suit, filed in…

The Queens District Attorney’s Office and the state Department of Financial Services allege attorney Michael Gangadeen, his sister, and a former mortgage consultant at Wells Fargo Home Loans conspired to…

Gift checks and gift cards used by the mortgage company for employee recognition programs were directed to Guy’s residence and office and used to buy numerous luxury items such as Gucci and Tiffany merchandise.

euronewsA federal judge dismissed a significant portion of a fraud lawsuit against J.P. Morgan Chase & Co., a victory for the largest U.S. bank as it tries to fend off a series of legal headaches tied to…

Cloud 9 Sky Flats was developed into condominiums by St. Paul-based businessman Jerry Trooien — who has not been charged in the fraud case, which occurred during the housing boom of 2006 and 2007. However…