Mortgage fraud is a term used to describe a broad variety of criminal actions where the intent is to materially misrepresent or omit information on a mortgage loan application to obtain a loan or to obtain a larger loan than would have been obtained had the lender known the truth. In federal courts, mortgage fraud is prosecuted as wire fraud, bank fraud, mail fraud and money laundering, with penalties of up to thirty years imprisonment.
A Jersey City police officer was arrested yesterday by the FBI and charged in federal court with mortgage fraud for lying to a bank to secure a roughly $530000.
(LoanSafe.org) - LAS VEGAS—A man who owned and operated numerous now-defunct Nevada investment companies, and two of his former employees, were indicted by.
By Shawn Hogendorf, Correspondent A Prior Lake man was one of two people indicted on fraud charges in federal court last week for his alleged role in an elaborate scam that bilked mortgage lenders of $2.5 million in less than a year.
Rachel Dollar, the editor of Mortgage Fraud Blog, is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors. She is an author and a nationally recognized speaker on the ...
Rachel Dollar, the editor of Mortgage Fraud Blog, is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors. She is an author and a nationally recognized speaker on the ...
It's one of those things that hasn't gotten a lot of attention, but the numbers are staggering right now, and I think they are going nowhere but up,”
News report regarding charging of three men in Grand Rapids, Michigan mortgage fraud caseDuration : 0:0:16.
BAKERSFIELD, Calif. -- Police are searching for a father-daughter pair accused of conspiring to get kickbacks from $4.1 million in fraudulent mortgage loans in the Bakersfield area. Thirty-one-year-old Guadalupe Ramirez, a former real ...
Rachel Dollar, the editor of Mortgage Fraud Blog, is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors. She is an author and a nationally recognized speaker on the ...
A two year investigation into a multi million pound complex fraud case has come to a successful conclusion with the sentencing of four people involved in the scam.Dele Macaulay, Daud Macaulay and Felix Taggert were all brought to ...