Thursday, August 16, 2007
Loan Officer Indicted for $25M Missouri Fraud Scheme
Judy Brumble, loan officer and ostensible real estate agent, was charged in a superceding indictment for her role in a 25 million dollar mortgage fraud scheme. Brumble is now the 9th defendant in the pending action.
Those already indicted on May 17, 2006, include:
F. Jeffrey Miller, Real Estate Developer in Lee’s Summit, Missouri;
Steve Middleton, real estate agent;
Todd Earnshaw, loan officer/real estate agent;
Brian Rouse, loan officer:
Angela Parenza, co-conspirator;
Elizabeth Hessel, co-conspirator;
James Moser, real estate investor and straw borrower; and
Lanny Ross, Appraiser.
According to the Superceding Indictment, Miller targeted homebuyers with credit problems and little to no downpayments. The homebuyers would apply for loans via Miller‘s financing company Associated Capital and Associated Finance. The loan applications were submitted to federally insured financial institutions across the nation using inflated appraisals. The object of the conspiracy and scheme to defraud was to enrich the conspirators by manipulating homebuyers, manipulating appraisals and submitting materially false and fraudulent loan applications to obtain loan proceeds from federally insured institutions.
mortgage fraud
i think i got caught up in mortgage fraud bcause everyone i talk to told me how did you get your house with no documents of your income if anyone can help me please call me at 6462351498 thanks or email me
Posted by on 08/18 at 06:07 PM
I have a ton of direct evidence that Holly Campbell has manufactured appraisals, altered appraisals and at on point scammed 10k off a borrower to pay off another borrowers debt to close a loan then fled the state. She is hididng in Texas. I have at leaset 20 properties with appraisals that have houses on them that are not the same as the real house appraised. Photoshop, cut and paste. If anyone can help me direct my complaints please email me. I can’t seem to get anyone to listen. Carl
Posted by on 07/09 at 10:46 AM
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Posted by on 05/09 at 05:40 PM
Good Day
I am delighted to contact you to have more information about your offer loans at an interest rate 0, 5%.
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Posted by on 07/27 at 07:22 AM
Good Day
I am delighted to contact you to have more information about your offer loans at an interest rate 0, 3%.
My Family project needs 5.000.000 Million Euro.
The some will be transferred to Morocco.
Please let me know, then I will send you more details
Looking forwards to hear from you soon.
Best Regards
Manager
A. Ziat
Posted by on 07/27 at 07:38 AM
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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.
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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.
More Trial Coverage
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Rachel 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 
