| |
|
|
|
|
Search mortgage fraud news by keyword.
News, analysis and statistics about mortgage fraud.
Stories about individual mortgage crime cases.
Statics by year about real estate fraud.
Quarterly index based on case activity.
Reach mortgage executives, loan originators and other people tied to mortgage industry.
Free mortgage news for prospective borrowers.
Free e-mail newsletter with the latest headlines from MortgageDaily.com.
The latest case activity tracked by FraudBlogger.com for your Web site or for your RSS reader.
Archive of FraudBlogger.com entries going back to 2005. |
|
|
| |
|
| |
January 15, 2009
A married couple who allegedly acted as buyers in several fraudulent mortgage transactions pleaded not guilty in court. Prosecutors said the loan applications included fraudulent income information, intent to occupy and the appraised value was artificially inflated.
Frank and Maureen Blake are accused of helping two mortgage brokers with about a half-dozen fraudulent home purchases on homes with inflated values. The mortgage brokers, Thomas Ryder and brother, Paul Ryder operate M & M Mortgage. All four have pleaded not guilty to defrauding lenders, including Countrywide Home Loans.
The Blakes were released on bail and scheduled to go on trial March 17.
Read story at The Eagle Tribune
|
|
|
