USA TODAY Syncora sued Bank of America in 2009 to recover losses on securities transactions based on home loans made by Countrywide Financial, which was bought by Bank of America in 2008. Syncora said it was dup
Continue Reading...Carlos D. Cuevas-DÃaz, Miguel Ãngel Echegaray-González, and Lee A. Arcia-Centeno, San Juan, Puerto Rico, have been indicted for conspiring and knowingly making false statements or cause false statements to be made to mortgage lending institutions Equity Mortgage, Latin American, and Express Solution for the purpose of influencing the Federal Housing Administration (FHA) to insure the mortgage loans.
Continue Reading...
Californians have been receiving mailings from private companies outside the state offering to obtain a copy of grant deeds or property title records for a high fee.
Continue Reading...
Arthur Strasnick, 64, New Smyrna Beach, Florida, was sentenced on two counts of mail fraud and one count of identity theft.
Continue Reading...
Simon Saeid Koli and Kian Ashkanizade have pled guilty in connection with a mortgage fraud scheme involving four expensive homes on Triton Street, Carlsbad, California.
Continue Reading...
Mitchell Cohen, 54, Old Westbury, New York and Erin Davis, 43, Yonkers, New York, the owner and a sales manager, respectively, of Buy-A-Home, a real estate brokerage business, have been indicted for participating in a $7.5 million mortgage fraud scheme.
Continue Reading...
kernradioEight people from Bakersfield and a man from Los Angeles have been indicted in what authorities call a five million dollar mortgage fraud scheme similar to the Crisp and Cole case. Federal prosecutors
Continue Reading...
Nine people have been charged in a 26-count indictment: Eliseo Jara Jr.; Sergio Jara; Antonio Perez Marcial; Lucia Yolanda Chavez; Arlene Jeanette Jara; Candace Shantel Gonzales; Joseph Shawn Chavez Jr.; Melissa Rochelle Jara; and Ricardo Fabian Salinas for their roles in a mortgage fraud conspiracy.
Continue Reading...
Michael Raphan, 61, Oceanside, New York, was found guilty of conspiring to commit bank fraud and wire fraud in connection with a $66 million mortgage fraud scheme after a two-week jury trial.
Continue Reading...
Long Island and New York City business news on Newsday.com. Including complete coverage and news on New York businesses, Stock Exchange, Federal Reserve and much more.and more »
Continue Reading...