LAKEWOOD, Wash. — A Lakewood family has been torn apart by a suspected mortgage fraud. A Seattle woman is accused of cashing her aunt’s mortgage checks instead of paying off the loan, and the aunt believes there are dozens of scam victims.Sue Kahawaii and her family had lived in their Lakewood home for 27 years. Now they say they’ve lost it to foreclosure because of the actions of a loved one, Alicia Shefchik. They say she spent the money on world travel and Super Bowls.

Source: Lakewood family torn apart by a suspected mortgage fraud | KOMO

Former NFL wide receiver Irving Fryar is out of prison after serving just eight months of a five-year sentence for mortgage fraud.

Source: Irving Fryar released after 8 months of 5-year prison sentence | ProFootballTalk

The scheme is used by borrowers who don t have enough income to qualify for a regular mortgage, so they apply for a higher rate non-owner-occupied loan.

Source: National Mortgage News – A New Type of Occupancy Fraud: Fake Investors

Former execs cleared on some charges

Source: Jury issues mixed decision in Thornburg fraud case | Albuquerque Journal

A disbarred Wading River attorney previously convicted in a $4 million real estate Ponzi scheme was indicted last month for wire fraud in connection with an alleged theft that occurred prior to her conviction, according to a federal indictment.

Source: Convicted Wading River Ponzi schemer indicted — again | Riverhead News Review