MLive.com TROY, Michigan (AP) — Flagstar Bancorp Inc. has agreed to pay $133 million to settle claims its mortgage unit engaged in fraudulent lending practices. The US government said in a release Friday…
Continue Reading...By DAVID LEE DALLAS (CN) – Five defendants were sentenced to years in federal prison for a $22 million mortgage fraud scheme they ran out of the Dallas-Fort Worth. The scheme was led by Michael Anthony Baker…
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Mortgage fraud gang leader jailed over $8m theft – He submitted false paperwork to the banks in connection with 33 fraudulent mortgage applications in a two-month period between…
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Tyler Fitzsimons, 33, appeared before U.S. District Judge Michael R. Hogan and pleaded guilty to a variety of mortgage and loan fraud charges arising out of the collapse of his company, Desert Sun Development (DSD).
Kevin Lee Grady Sr., 47, Grand Rapids, Michigan, was found guilty on all counts for conspiracy to commit wire fraud and for commission of wire fraud and a single bank fraud count in conjunction with multiple mortgage loans.
Gabriel Viramontes, 49, Elk Grove, California, was sentenced by United States District Judge Edward J. Garcia to four years and nine months in prison and ordered to pay restitution to his victims for a mortgage fraud scheme.
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A former Tucson loan officer has been indicted on fraud charges stemming from allegations he was involved in a “cash back” mortgage scam, the US Attorney’s Office announced Wednesday. Rex Adams, 52…
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fox5sandiego.com AP SAN DIEGO A San Diego real estate agent and eight others have been charged with running a mortgage fraud scheme that authorities say cost lenders $15 million. Eric Elegado…
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By DAVID LEE DALLAS (CN) – Four people were convicted in a $20.5 million mortgage fraud run by former Dallas Cowboys linebacker Eugene Lockhart, bringing the number of convictions and guilty pleas in the scheme…
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Gabriel Viramontes, 49, of Elk Grove, was sentenced in federal court Friday to more than four years in prison for his part in a mortgage fraud scheme. His co-defendants also were sentenced or are already on…
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