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The state’s 2006 Mortgage Rescue Fraud Act allows lawyers to collect upfront fees from homeowners for mortgage rescue services in the course of legitimate legal work. While the businesses use attorneys as the…

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Traxler also allegedly lied about the status of mortgage loans, and convinced banks to put additional money in lines of credit. “This is another example of how fraud was perpetrated in the housing markets…

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San Francisco Examiner SAN FRANCISCO — A Bay Area mortgage broker has been charged with conspiring to arrange more than $10 million in fraudulent home loans for clients who included two leaders…

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WASHINGTON (Dow Jones)–Reports of mortgage fraud in the US surged by nearly 88% in the second quarter of this year as banks discovered more problem loans made during the housing boom, according to a government…

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AG Cracks Down on Mortgage Fraud

admin —  September 27, 2011 — Leave a comment

ABC7Chicago.com Madigan offers a mortgage foreclosure help line and she says they’ve received more than 4000 calls, half of which are complaints about mortgage rescue fraud. Some companies are using a loophole…

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Douglas Rex Butler pleaded guilty Tuesday to his role in a $20 million mortgage fraud, making the Chanhassen man the third to admit his involvement in the case. Butler, 52, was a straw buyer in a scheme…

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A 41-year-old Missouri woman admitted in a federal court in St. Louis today to stealing from more than 80 Hawaii residents in a mortgage rescue scam. Marien Brown, known to her victims as Marien White…

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A year after his $6.9 million-mortgage fraud scheme was uncovered in a 2006 Tampa Tribune investigative story, Chad Evans was under pressure amid a federal government investigation. So he left town…

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MyFox Tampa Bay… pair of lawsuits filed Monday claim that Deloitte & Touche LLP, one of the nation’s largest accounting firms, should pay $7.6 billion in damages for failing through years of audits…

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A Texas woman accused of reverse mortgage fraud could face up to 30 years in prison, a $1 million fine, or both, a US Attorney in Rochester, NY announced last week. Mary Ann Fulbright, of Dallas…

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