Thursday, November 17, 2005
One Guilty Verdict and One Acquittal in Ohio Mortgage Fraud Trial
Indictment Alleges Defendant Submitted False Documents to Lenders
The owner of a Fremont, Ohio mortgage company was convicted by a jury on all charges in a pending federal mortgage fraud trial where is alleged that clients were coaxed to lie to lenders in order to obtain mortgages.
Roberta Littelmann, owner of Firelands Mortgage Inc., 1204 W. State St., Fremont, Ohio was convicted of seven counts of wire fraud, three counts of bank fraud, on count of mail fraud, one count of conspiracy and one count of providing false statements. She was indicted on February 2, 2005 along with Bonnie Swint, a loan officer for Firelands Mortgage, Inc.
Bonnie Swint was charged in the indictment with one count of conspiracy and three counts of wire fraud. The jury found Swint not guilty as to one count of wire fraud charge and a mistrial was declared as to the remaining counts charged.
The conduct giving rise to the indictment allegedly occurred between May 1999 and December 2000. According to media reports, court records alleged that Swint and Littelmann provided false information to First Indiana Bank, Bank One, Countrywide Home Loans Inc., Centex Home Equity Corp., Fairbank Mortgage and Mortgage Express and that they created fraudulent documents to get loan guarantees from the U.S. Department of Agriculture.
mortgage fraud
My x-husband and his real estate agent second wife (an Ameriquest Mortgage Account Executive)forged my name onto a release of child support lien document and filed it with the Child support records division. His real estate agent wife actually faxed the forged release from her Ameriquest Mortgage office under her personal cover letter (depicting her maiden name) with a request that the district court records division process the release ASAP. The Court mailed her (at Ameriquest Mortgage Company)a written statement showing that the $36K lien had been released. My X then placed a second mortgage on the property receiving $46K in cash. One year later in 2002, they refinanced the two mortgage loans into a single 30 yr loan for $88K with CitiMortgage.
My X had a stroke and died 3 months after they had refinanced the mortgages. I discovered the forgery as a result of placing a claim on his estate. CAN ANYONE POINT ME TO A SIMILIAR CASE OR CASE LAW THAT WOULD APPLY TO THIS SITUATION. CITIMORTGAGE IS CLAIMING THAT THEIR LIEN HAS PRIORITY OVER MINE EVEN THOUGH MY LIEN EXISTED BEFORE THE 2ND MORTGAGE WAS EXECUTED FRADULENTLY. HELP, ANYONE!
Posted by on 09/20 at 07:43 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.
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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 
