Rosofsky and Bryan Rosenberg were convicted by federal prosecutors in 2003 of charges connected to a mortgage fraud scheme in Baltimore.

Of all Lee Farkas’ co-conspirators in the Taylor, Bean & Whitaker fraud scheme, the one who federal prosecutors say deserves the most time behind bars is Catherine Kissick, the former head of Colonial Bank’s Mortgage Warehouse Lending Division.

With the help of a loan officer, the Birts used inflated appraisals and falsified applications to secure loans for as much as $139,000 more than the listing price.

Prosecutors sought a five-year term for Bowman and eight for Brown…Both will be required to pay restitution to victims, though the amount hasn’t been determined.

The state’s lack of laws against real-estate and mortgage fraud and the huge run-up in home prices helped mask some of the bad deals.

A White Bear Township official and St. Paul lawyer is among three people indicted in federal court Wednesday in connection with a $1.5 million loan scheme that allegedly involved the man’s mother.

The FSA’s extension of the Approved Persons (AP) regime has been welcomed by mortgage brokers as a way to boost the credibility of the industry, stamp on mortgage fraud and protect consumers.

A California, a real estate broker, was convicted of conspiring with her boyfriend and his brother to commit $17.5 million in real estate fraud by purchasing 35 properties using stolen identities…

Last July, Manhattan D.A. Robert Morganthau announced an indictment of the principals in a press release which declared that “AFG’s business model was focused solely on defrauding the lending banks of millions of dollars.”

The house is Miller’s home, but she has not owned it since 2006, when she tried to save it with an “unconventional refinancing” and ended up being scammed out of the legal title to the property.