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

1. 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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Today's News

Some Sources require Registration.   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... Read More... More Trial Coverage

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All Foreclosure Information and Resources Housing Storm Calculated Risk Mortgage Lender Implode-O-Meter Home Gain Blog Rain City Guide Real Estate Tomato Blood Hound Blog Appraiser Active Fraud, Phishing and Financial Misdeeds The Collar - US News and World Report Georgia Bankruptcy Blog Fighting Fraud Newsday Real LI Matrix