Los Angeles TimesThe Office of Independent Review says two deputies face federal charges of mortgage fraud, one deputy with credit card debts burned his own car for an insurance payout and another faked a burgl Los Angeles TimesThe Office of Independent Review
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John Hemphill, 41, Chicago, Illinois, was sentenced to 7½ years in federal prison for posing as a federal government official in a scheme to sell properties he did not own out from underneath the real owners. The defendant was convicted August 2010, of mail fraud and false impersonation of a federal official following a week-long trial. Hemphill was also ordered to pay
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Stuart H. Sojcher, 57, Leominster, Massachusetts, was indicted by a federal grand jury on four counts of wire fraud and six counts of money laundering in connection to a mortgage fraud scheme involving properties in Braintree and Malden, Massachusetts.
According to the
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The Homeownership Preservation Foundation (HPF), which administers the Homeowner’s HOPE Hotline 1-888-995-HOPE to provide comprehensive financial education and foreclosure prevention counseling, received 145,993 calls in September from distressed homeowners, a three percent increase from the previous month. Call volume to the hotline increased 7.4% in the third quarter from the previous quarter. The states with the largest call volumes in September were California, Florida, New York, Texas
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Michael Hellickson, a real estate agent allegedly doing business in Washington, Oregan and Hawaii, has had his Washington real estate license suspended by Washington’s Department of Licensing (DOL), according to a Statement of Charges filed earliar this month. Tara Hellickson, a real estate broker,
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W.R. Starkey Mortgage, L.L.P., Plano, Texas, a mortgage lender, will pay $4.5 million for its role in a scheme to sign consumers to loans they couldn’t afford on overpriced modular and manufactured homes.
Starkey provided home loans for North Carolina consumers who bought homes from Phoenix Housing Group, Inc.
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Laura S. Lassiter, 53, Pataskala, Ohio, was sentenced to 24 months imprisonment for preparing fraudulent loan documents as part of a mortgage fraud scheme that she was involved with between November 2005 and May 2007. In addition, Lassiter was ordered to serves five years of supervised release following her term of imprisonment, as well as to pay $1,160,301.27 in restitution
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Kenneth Steward, 44, South Holland, Illinois, was arrested on federal charges alleging that he and six co-defendants participated in a $35 million mortgage fraud scheme involving more than 120 residential properties located primarily on the city’s south side. Steward who bought and sold homes and recruited others to act as residential purchasers, and his co-defendants allegedly
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Shamika M. Coleman, 33, Swansea, Illinois, was indicted for making a false statement on a loan or credit application, making a false statement during a renewal application for federal food stamp benefits, and making a false statement during a renewal for federal housing benefits.
The indictment alleges that Shamika M. Coleman under reported her income and bank deposits
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Darrell Lynn Marriott, 57, Gun Barrel City, Texas, the fourth member of a multi-county mortgage fraud scheme pleaded guilty to a first-degree felony for his role in a multimillion dollar enterprise that defrauded government-backed mortgages. Marriott was sentenced in Navarro County District Court to 28 years in prison for securing the execution of a document by deception.
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