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Mortgage Fraud Blog is the premier website for news and information on mortgage fraud and real estate fraud throughout the United States.
Rachel Dollar PictureRachel 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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Dollar in the News

August 6, 2009 - Inman News
The Lowdown on Downpayment Programs

July, 2009 - Mortgage Banking Magazine
Flashpoint - FHA Fraud

June 5, 2009 - Miami Herald
Feds Get Tough on Mortgage Fraud

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- $230,000 Judgment Obtained Against Loan Company Owner
- Man Convicted in Mortgage Fraud Scheme
- Man Pleads Guilty in Fraud Scheme
- Fraudster Sentenced to Nearly 17 Years
- Forty Indicted in Major East Texas Mortgage Fraud Scheme
- California Loan Brokers Ordered to Pay Penalties
- Judgment Rendered in Real Estate Scheme
- New York FBI Shines Light on Potential Rental and Real Estate Scams
- Fraudster Pleads Guilty to Land Fraud Scheme
- Mortgage Fraud Charges Filed Against Investment Co. & Employees
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Rachel Dollar and Mortgage Fraud Blog in the News

The following links are to stories that quote Rachel Dollar or reference Mortgage Fraud Blog. If you run across articles that are not listed here, please forward them to info@dollarlaw.com


August 6, 2009 - Inman News
The Lowdown on Downpayment Programs

July, 2009 - Mortgage Banking Magazine
Flashpoint - FHA Fraud

June 5, 2009 - Miami Herald
Feds Get Tough on Mortgage Fraud

March 14, 2009 - Milwaukee Wisconsin Journal Sentinal
Criminal past no barrier to mortgage field

January 18, 2009 - New York Times
Loan Fraud Seen on the Rise

November 18, 2008 - Willamette Week
House of Gain

November 14, 2008 - JAMS
ADR Update: The Subprime Fallout

July 13, 2008 - Tampa Tribune
Close Door on Real Estate Fraud

May 31, 2008 - The Seattle Times
A Roundup of Real Estate Books

May 30, 2008 - Chicago Tribune
4 good reads

May 13, 2008 - Palm Beach Post
Boca Firm Audited After Scam

May 4, 2008 - Sky-Hi Daily News
Grand County investigates builder, financing on 40 lots at Rocky Mountain Estates

April 14, 2008 - Business Wire
Second Annual Mortgage Fraud Blog Conference Open for Registration

April, 2008 - Plaintiff Magazine
Sharp as a Tack: When Mortgage Fraud Becomes Elder Abuse

March 8, 2008 - Tampa Bay Tribune
Appraiser Evaluates Whether 303 Homes Are Overpriced

February 13, 2008 - Senate Subcommittee on Aging
Testimony of Rachel Dollar - Senate Subcommittee on Aging

February 13, 2008 - Mortgage Bankers Association
Rachel Dollar, CMB, Testifies on Mortgage Fraud

February 13, 2008 - Press Democrat
Meltdown

February 10, 2008 - Press Democrat
Loans Built on Lies

January 10, 2008 - Realty Times
Mortgage Fraud and Foreclosures, Kissing Cousins

November 27, 2007 - Voice of San Diego
Mortgage Fraud Hits the Courts

November 19, 2007 - Newsday
Long Island lender accused of fraud

November 18, 2007 - Newsday
Homeowners entangled in loan scheme

October 28, 2007 - Palm Beach Post
Slow housing market speeds up scam

October 2, 2007
Video - More muscle wanted behind anti-mortgage-fraud action

October 2, 2007 - KGET
More Muscle Wanted Behind Anti-Mortgage Fraud Action

September 24, 2007 - Voice of San Diego
How Mortgage Fraud Functions

September 19, 2007 - Inman News
100 Most Influential Real Estate Leaders: 2007

August 14, 2007 - RISMedia
Real Estate Fraud Hits Hollywood: Fraud for the Rich & Famous

August 9, 2007 - Union Sentinel, Georgia
Dollars and Sense

July 23, 2007 - Blown Mortgage
Blown Mortgage's Podcast Interview with Rachel Dollar

July 19, 2007 - Wall Street Journal
Investors Left Holding the Bag In a Land Project Gone Wrong

June 2007 - San Diego Magazine
A New Kind of Housing Squeeze

June 29 2007 - Inman News
Bloggers chase top blog innovator title

May 23, 2007 - Kling Publications
Fraud at Core of Repurchases

April 1, 2007 - Bradenton Herald, Florida
Manatee's 'flip' fiasco, six years later

Spring, 2007 - Communicator -
FBI Links Fraudulent Appraisers with Terrorism and Organized Crime

March 20, 2007 - The Virginian-Pilot, Hampton Roads, VA
Loose lending allows developers to feed off mortgage money

March 1, 2007 - Realtor Magazine
The List Issue 2007 - 5 Real Estate Blogs to Visit

January 20, 2007 - CNN
Open House

January 14, 2007 - The Kansas City Star
Mortgage fraud's new super sleuths

October 29, 2006 - San Francisco Chronicle
Mortgage fraud -- the worst crime no one's heard of

October 22, 2006 - Chattanooga Times
Mortgage Fraud Hurts Owners and Banks

October 18, 2006 - News from Capitol Hill
Solutions to Fraud Sought at Appraisal Foundation Symposium

October 17, 2006 - Realty Times
Most Fraud Charges Not Investigated

September 29, 2006 - Wall Street Journal
Town's Residents Say They Were Targets of Big Mortgage Fraud

September 29, 2006 - Los Angeles Times
More Home Buyers Stretch Truth, Budgets to Get Loans

September 27, 2006 - The Oregonian
Fraud Pumps Air Into Real Estate Bubble

September 18, 2006 - Press Release
Interthinx(TM) Collaborates with Leading Industry Professionals to Create Effective Fraud Prevention

September 10, 2006 - South Florida Sun Sentinel, FL
Real Estate a Fraud Hot Spot

August 31, 2006 - Inman News
100 Most Influential Real Estate Leaders: 2006

August 30, 2006 - PR Web
Ciercus Closing Fraud System Makes Successful Debut

July 1, 2006 - Mortgage Banking Magazine
USAP, ACC and AGs

July 2, 2006 - JT Foxx Show
A Hollywood Celebrity in Foreclosure?

June 12, 2006 - MSN
Don't hand your house to a thief

May 24, 2006 - Inman News
Cleaning the Augean stables: obstacles to fighting loan fraud

May 23, 2006 - Inman News
Schemes to Hijack the American Dream

May 22, 2006 - Inman News
Loan Fraud 'Epidemic' Sweeping the Country

May 6, 2006 - Realty Times
Cash Back at Closing: Appealing Arrangement or Sinister Scam

April 10, 2006 - The Daily Reckoning
Real-estate investors and fraud

April 9, 2006 - Wall Street Journal
Home is where the fraud is

April 5, 2006 - East Bay Express
Dirty Deeds

March Edition - Mortgage Originator
The Many Faces of Mortgage Fraud

March 30, 2006 - Realty Times
"Bonnie and Clyde" Mortgage Broker Caught In Texas

March 29, 2006 - East Bay Express
Dirty Deeds - Real-estate fraud has become epidemic as home prices have surged skyward

March 10, 2006 - Inman News
Industry watchdogs warn of credit-booster sites

February 23, 2006 - Online Independent
How do you keep from becoming a victim?

February 15, 2006 - Chicago Tribune
Obama Durban Propose Federal Mortgage Reforms

December 18, 2005 - Sun News
Convicted Real Estate Investor Could Go To Jail For Life

December 18, 2005 - Investor's Business Daily
Mortgage Scams Rising Along with Home Prices

December 17, 2005 - Dallas News
Neighborhood Crime that Alarms Can't Prevent

December 10, 2005 - Baltimore Independent Media Center
ECON 101: Mortgage Fraud Website

December 4, 2005 - About.com
Mortgage Fraud a Growing Problem

November 28, 2005 - American Banker
LoanPerformance Pitches Fraud Score

November 16, 2005 - Inman News
Industry Watchdogs Warn of Site Selling Fake Paycheck Stubs

November 1, 2005 - Mortgage Banking Magazine
Fighting Mortgage Fraud

October 7, 2005 - American Banker
Lenders Pressed on Fraud Prevention Efforts

October 4, 2005 - USA Today
Fraud Booms with Mortgage Market

August, 30 2005 - Fulton County Daily Report
How the Lure of Easy Money Landed a DeKalb Attorney in Federal Prison

August 10, 2005 - Inman News
100 Most Influential Real Estate People

July 18, 2005 - Press Release
Interthinx and The Dollar Law Firm Selected as News Providers for MBA's Mortage Fraud Website

July 5, 2005 - Inman News
Watchdogs Warn of Real Estate Investment Offer

July 11, 2005 - Inman News
Feds Target Mortgage-Elimination Scheme

June 17, 2005 - Inman News
Crackdown on Loan Servicing Fraud

June 12, 2005 - Sun Sentinel
The Scary World of Identity Theft

May 6, 2005 - Inman News
Georgia Cracks Down on Real Estate Fraud

May 5, 2005 - CBS News
CBS Special Report - Sold Out, Unit 5 Investigates Real Estate Business

March 8, 2005 - Inman News
Five Indicted in 10 Million Fraud Scheme

December 15, 2005 - Sacramento Bee
Firm Says it Can Make Mortgages Go Away - Judge Calls it a Scam

December 14, 2005 - The Journal News
Mortgage Fraud Thrives in Ohio

December 8, 2004 - Inman News
Crackdown on Mortgage Elimination Schemes

December 12, 2004 - Inman News
Attorney Blogs to Prevent Real Estate Fraud

November 8, 2004 - The Legal Description
Industry Skullduggery; The Who, What, Where, When and How of Mortgage Fraud - Part I

December 17, 2001 - Real Estate Finance Today
Busier Times, More Time for Mistakes

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Today's News

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Marco Island Man Arrested in Ohio on Grand Theft Charge
Naples News
A man who claimed he was a broker is accused of bilking a long-time family friend out of more than $130,000.

Failed Mortgage Firm Trustee Allowed $50,000 in Fees
Union Leader
U.S. Bankruptcy Court Judge J. Michael Deasy will approve $50,000 in legal fees for the trustee of failed mortgage brokerage businesses Financial Resources Mortgage Inc. and CL&M Inc.

Bend Oregon Event to Help Homeowners Prevent Foreclosures
Oregon.Gov
As part of an ongoing effort to help homeowners avoid foreclosure, state agencies are organizing a foreclosure-prevention event in Bend on Saturday, March 27, 2010.

Shelbyville Man Gets 2-Year Sentence For Loan Fraud
Chattanoogan.Com
Prosecutor Gary Humble said the lost was approximately $2.3 million in the mortgage fraud involving hundreds of homes in the Shelbyville area.

Lend America, VP Ashley Banned from FHA
Housing Wire
Michael Ashley, the embattled former vice president of Federal Housing Administration (FHA)-backed mortgage originator Lend America, and the company he worked for, were permanently banned from doing business in the industry last week.

Countrywide Tries to Pin Blame on Insurer
Court House News
Countrywide Home Loans demands $111 million from Triad Guaranty Insurance, claiming Triad is trying to blame mortgage lenders for the insurer's role in the housing bubble and collapse.

Investors Say They Were Swindled in Property Scheme
Fox 13 Now
Utah Division of Consumer Protection is joining forces with a few investors who claim they have been cheated by an agency called "Utah Mini Ranches.

Greenfield Man Accused of Housing Scam
The Republic
A former real estate agent conned at least eight people by renting them properties actually owned by a federal agency and then running off with their deposits, prosecutors said.

Appraisal Institute Opposes Obama Administration's Plan for Homeowner 'Short Sales'
PR News Wire
Citing concerns about increased mortgage fraud, four organizations representing more than 35,000 real estate appraisers today voiced their opposition to changes to an Obama administration program that will encourage "short sales" of homes.

Ownership Rights to Get Another Look
TBO.Com
State lawmakers may beef up protections of property owners' rights by rewriting a law this spring that is at the center of a case of alleged fraud in Pasco County.

Previous Articles

TRIAL COVERAGE

Trial coverage provided by Anne Mitchell, Crazy Fish Realty.

Follow Anne on Twitter.

Thursday, February 18, 2010

F. Jeffrey Miller Trial - 1 Convicted, 3 Acquitted

The jury deliberated for approximately 3 days after receiving their jury instructions. They asked one question:

Does ‘common sense' allow us to deduce what the banks may or may not been influenced by in order to make a loan?

Judge Julie Robinson responded by admonishing the jurors to read all of the instructions.

The jury presented its' verdict...

Read More...

Thursday, February 18, 2010

F. Jeffrey Miller Trial Continued Testimony

As reported by Anne Mitchell, who viewed the trial:

Angela Parenza worked for Jeff Miller as the office manager for 7 or 8 years beginning in 1998. Parenza was indicted along with Miller and pled guilty to conspiracy to commit bank fraud and money laundering. Parenza testified that Miller or his contractors allegedly preferred to build all the...

Read More...

Wednesday, February 10, 2010

F. Jeffrey Miller Trial Coverage Continued - Witness Testimony

Steve Middleton Testimony - Coverage Provided by Anne Mitchell

The Government continued in its cross examination of Steve Middleton. He was shown several HUD-1 statements involving sales of homes located in Overland Park, KS, and Olathe, KS. The HUD statements each allegedly showed line items of payments to (James) Moser & Associates, LLC's...

Read More...

Monday, February 01, 2010

F. Jeffrey Miller Trial Coverage - Continued Witness Examination

According to Anne Mitchell, who is present in court for the trial:

Next Witness: Kelly Sanford

Kelly Sanford of the Federal Reserve was a short witness for the Government. Sanford manages electronic payments between banks and member financial institutions. He was shown copies of wire transfers and asked whether they coincided with the counts in...

Read More...

Wednesday, January 27, 2010

F. Jeffrey Miller Trial - Prosecution Witnesses Continued

According to Anne Mitchell, who is viewing the trial:

January 13, 2010

Witness: Rick Hayes

Rick Hayes testified that on the day that he closed on his Miller Enterprise home, he received a phone call from the Kansas Banking Commission informing him that his loan was fraudulent. After the Hayes responded to a classified ad, they met with John...

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© Copyright 2004-2010 Rachel M. Dollar

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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