Mortgage Fraud Blog is the premier website for news and information on mortgage fraud and real estate fraud throughout the United States.
imageRachel Dollar, the editor of Mortgage Fraud Blog, is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors. She is an author and a nationally recognized speaker on the topic of mortgage fraud. Ms. Dollar is a shareholder with the law firm of Smith Dollar, PC, is licensed to practice law in California and maintains offices in Santa Rosa, California. Email Ms. Dollar

Mortgage Fraud Blog is co-sponsored by Interthinx the leading provider of fraud services and solutions for the mortgage industry.



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Recent Posts

- Criminal Action by Georgia Dept of Banking Results in Guilty Plea
- Guilty Plea In Real Estate Ponzi Scheme
- Maryland Woman Pleads Guilty to Mortgage Fraud Scheme in D.C. and Maryland
- Texas Fraudster Admits to Falsifying Documents
- Mortgage Fraud Results in Charges for West Michigan Woman
- Mortgage Fraud Surge Investigation Nets 100+
- Marc Dreier Co-Conspirator Pleads Guilty
- Real Estate Fund Manager Charged With Defrauding Investors
- Ringleader of Mortgage Fraud Scheme Sentenced to 30 Years
- Department of Finance Orders Meridian Mortgage Loan Modification Company to Cease & Desist
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Friday, June 09, 2006

Third Conspirator Indicted in $1.5M Mortgage Fraud

Christopher Gallagher, 34, Philadelphia, Pennsylvania, was indicted in connection with a mortgage fraud scheme involving properties valued at more than $1.5 million.

Many people lost their homes because of this scheme and many more are still struggling to keep up with expensive mortgages they just can’t afford,” said United States Attorney Pat...

   

Thursday, June 08, 2006

Georgia Broker License Revoked for Loan Misrepresentations

On May 15, 2006, the Georgia Department of Banking and Finance’s decision to revoke the mortgage broker’s license of Intown Financing, Inc., license number 17325, located at 200 Renaissance Parkway, Suite 303, Atlanta, Georgia 30308 became final, as did the cease and desist order previously issued to its owner, Sonia Booker-Daniels.

These actions...

   

Long Island Woman Jailed For Mortgage Scam In Westchester

Catherine Martino, a Long Island woman who ran a mortgage scam in the late 1990s that almost cost 13 senior citizens their homes was sent to prison Monday for collecting more than $50,000 in down payments on a Mount Vernon property she didn’t own.

   

Family of Identity Thieves Pleads Guilty in Washington

Mildreada Ruiz Rapa, 47, formerly of Vancouver, Washington, and her daughter, Malanie Andrews, 24, also formerly from Vancouver, entered guilty pleas in Tacoma, Washington to a wide range of identity theft related charges including Fraudulent Use of Social Security Numbers, real estate fraud, false statements to HUD, and income tax fraud. In...

   

Georgia Revokes Mortgage Broker’s License

On May 9, 2006, the Georgia Department of Banking and Finance’s decision to revoke the mortgage broker’s license of Atlantic Financial Mortgage, Inc., license number 18854, located at 3598 Clairmont Road, Atlanta, Georgia 30319 became final.

This notice of intent to revoke license was issued by the Department after it obtained evidence that ...

   

Colorado Real Estate Agent Setenced to Four Years

Colorado real estate agent William E. Mendez, 41, Denver, was sentenced to serve 49 months in federal prison and was ordered to pay restitution totaling $1,227,081.59 to the HUD. Mendez was ordered to to report to a facility designated by the Bureau of Prisons by July 10, 2006.  Mendez and his seven co-defendants were indicted on allegegations...

   

Alabama Mortgage Broker Charged with Identity Theft

Michael Lane Prevette, 31 Mobile, Alabama, was arrested on a federal identity theft charge.

Prevette has been operating as a mortgage broker in the Mobile, Alabama area. In the course of operating his business, he obtained various forms of false identity and operated under the false identity of ”Lane Bush.” Prior to coming to Mobile...

   

Wednesday, June 07, 2006

Four Arrested in $1M Alabama Mortgage Fraud Scheme

Kathy Frye, 38, Eight Mile, Alabama, Joycelyn Easter, 48, Mobile, Alabama; Antonio Harrison, 27 Mobile, Alabama and Darlene Hill, 49, Mobile, Alabama were each arrested by federal authorities in connection with an alleged mortgage fraud scheme and charged with four counts of wire fraud and four counts of loan fraud, according to media reports. ...

   

Two Ohio Men Arrested in Identity Theft and Mortgage Fraud

Entour Ferguson, 58, Columbus, Ohio and Steve “Cowboy” McClure, 41, Columbus, Ohio, were arrested shortly after they closed on a bogus mortgage deal at a north Columbus, Ohio title agency. Investigators say the two men used the identity of an unsuspecting Columbus man to obtain a $205,000 loan on a Columbus, Ohio property.

This is one of the...

   

Tuesday, June 06, 2006

Maine Mortgage Broker Faces License Revocation for Falsifying Leases

A Maine regulatory agency revoked the license of a Saco, Maine mortgage broker, after finding that the broker exaggerated the income of his clients in order to improve their chances of obtaining loans.

The Office of Consumer Credit Regulation took the action against Capital Mortgage Group, Inc. and its owner, Randall L. Petit, after determining...

   

Atlanta Mortgage Fraud Defendant Arrested in FBI Sting While Released on Bond

Lanamasha Weslanda Mixon-Hampton, 30, Atlanta, Georgia was arrested on May 30, 2006 in connection with an FBI sting involving a co-conspirator from her prior mortgage fraud case and the interstate transportation of stolen travelers checks, fraudulent credit cards and false identifications. Mixon-Hampton was previously arrested at the closing...

   

Four Arrested for Alleged Violation of Georgia Residential Mortgage Fraud Act

Derrick Troy Gardner, 33, Snellville, Georgia; Ronald George Barnes, 63, San Diego, California; Kevin Gordon, 32, Decatur, Georgia; and Gary Anthony McIndoe, 37, College Park, Georgia, were arrested and charged with violation of the Georgia residential mortgage fraud act, according to media reports.  The four are accused of engaging in a...

   

Monday, June 05, 2006

California Woman Sentenced in Theft of Foreclosure Proceeds

Maria De Lourdes Navarro was sentenced in U.S. District Court in San Diego to serve 30 months in federal custody, based on Navarro’s conviction for bank fraud arising from her diversion of proceeds of foreclosures.

According to court papers, from December 1998 to January 2003, Navarro was a Collections Operation Manager in the San Diego office of...

   

Man Arrested in Florida in Alleged Bank Fraud

Ernest Earl Erbe, Jr., a/k/a Richard Allen Dixon was arrested in the Southern District of Florida for bank fraud in connection with a mortgage loan.

A criminal complaint signed on June 1, 2006, charges that Erbe, using the name Richard Allen Dixon, made false statements to obtain loans totaling $1.1 million to purchase a residence at 5810 Center...

   

Husband and Wife Convicted of Selling Fake Mortgages to Secondary Market

A jury in New Bern, North Carolina convicted Isaac Lee Woods, 47, and his wife, Regina Bailey Woods, 45, both of Durham, North Carolina, of conspiracy, wire fraud, false statements, and money laundering following a week-long trial in federal court before Chief United States District Judge Louise W. Flanagan.

The defendants had operated a mortgage...

   

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Today's News

Some Sources require Registration.

 

Mortgage Fraud Risk Index Jumps 11 Percent, According to Verisk Analytics Subsidiary Interthinx
CNNMoney.com
The report...indicates that the overall Interthinx Mortgage Fraud Risk Index surged more than 11 percent from the previous quarter...

Mortgage Fraud Case Appears Headed to Jury in Jackson County Circuit Court
The Jackson Citizen Patriot - MLive.com
The prosecution and defense rested Thursday in the mortgage fraud cases against Teresa Marie WIlson and Angelo Surveo Williams.

Wyoming Woman Charged with Mortgage Fraud After Allegedly Stealing Sister's Identity
MLive.com
A Wyoming woman is facing felony charges accusing her of stealing her sister's identity to obtain a mortgage...then defaulting on that mortgage, leaving taxpayers on the hook.

U.S. Attorney Targets White-Collar Crime
Wall Street Journal
In San Francisco, Mr. Russoniello said he is trying to crack down on cases like mortgage fraud, though he doesn't have the budget to hire additional white-collar prosecutors.

Arrests Made in Orlando Mortgage Fraud Roundup
MyFoxOrlando.com
During the real estate boom two years ago, some units were going for a half million dollars. Now some are short selling for just 50 grand.

10 Accused of Mortgage Fraud at PR Coastal Resort
Forbes
A developer and nine other people, including a former salsa singer, have been charged in an alleged $14 million mortgage fraud in Puerto Rico...

Strodtman Jury Selected in Mortgage Fraud Trial
Greeley Tribune
Attorneys will deliver opening statements this morning in the trial of Mark Strodtman, who is accused of bilking homeowners in a mortgage scheme years ago.

FHA Digging Out After Loans Sour
Wall Street Journal
Most banks rejected Ms. DeForte because her debt level was too high and her credit score too low. But Lend America put Ms. DeForte into a $402,000 loan backed by the Federal Housing Administration...

Mortgage Fraud Probe Nets 105 Across State
Bradenton Herald
At least one local man is among 105 people arrested across the state following a nine-month investigation into organized mortgage fraud.

Mortgage Fraud Increases
MortgageRates.co.nz
The number of frauds involving professional advisors, such as accountants and lawyers, has increased from two to four since March 2008.

Previous Articles

TRIAL COVERAGE

Trial coverage provided by Anne Mitchell, Crazy Fish Realty.

F. Jeffrey Miller Update - October 20, 2009

A hearing was held in Topeka, Kansas in front of Judge Julie Robinson. Miller is currently being held pending his sentencing which is set for December 22nd, 2009 at 9:00 a.m.. Steve Vanatta and Hallie Irvin, Miller's codefendants, will be sentenced at that time also.

Several motions were heard this week. One was a motion for Miller to be released pending his sentencing. Miller's attorney, Jeff Morris, argued that the court had dismmissed with predjudice the matter involving Miller's purchase of a commercial lawnmower, violating the court ordered monitoring agreement. He also argued that Miller was not a flight risk and should be released. This motion was denied

Another motion heard by Judge Robinson was that of an escrow account containing proceeds from the sale of Miller's forfeited assets. This account has a balance of $143,000. Attorney Morris argued that his firm was due $100,000 for work done in the Miller matter, to date. The government argued that his 'un-itemized fees' were 'exhorbitant'. The balance of the funds, Morris argued, should be released to the Miller family to help pay for mounting household expenses.

The government argued that the 'Asset Forfeiture Provision' applies down to 'the last penny' and that 'the rights of the victims to made whole are of paramount immportance' and that no routine household expenses like Visa bills, are allowed.

Attorney Morris argues that there is more than enough assets to satisfy the jury's judgement of $2.65 million dollars. The government argues that the estimated value of his assets are only $1.4 million.

The government also stated that Miller has been paid dividends from a company Miller has an ownership interest in; Boreflex. From July, 2008 to present, Miller has been paid $330,509.30 from Boreflex, unbeknownst to the court appointed monitor.

Present in the courtroom was Todd Earnshaw. Earnshaw was indicted along with Miller and others in what is commonly referred to as 'Miller I'. That trial is scheduled to begin on January 11, 2010 in Topeka, Kansas.



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Legal Disclaimer.
The information and notices contained on Mortgage Fraud Blog are intended to summarize recent developments in mortgage fraud cases and mortgage banking matters nationwide. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about mortgage banking, mortgage fraud matters or who believe they require legal counsel should seek the advice of an attorney. The creators, editors and sponsors of Mortgage Fraud Blog do not intend to create a confidential relationship or an attorney-client relationship by communication via or arising from this site.

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