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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.
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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. |
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Mortgage Fraud Archives
Week Ending Jan. 15, 2010
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Mortgage Fraud News
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Case Activity
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Jan. 14, 2010
US AG Testifies About Mortgage Fraud
United States Attorney General Eric Holder testified about mortgage fraud warnings in 2004.
read Associated Press story
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Jan. 11, 2010
Wisconsin Looking to Convicts from Mortgage Industry
Wisconsin's legislature is preparing a bill that would prohibit anyone with a felony convictions from obtaining a mortgage license.
read story from Wisconsin Public Radio
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Jan. 8, 2010
DOJ-Led Effort Includes Mortgage Fraud Targeting
U.S. Attorney General Eric Holder announced a new interagency Financial Fraud Enforcement Task Force that will prevent, prosecute and punish financial fraud -- including mortgage fraud.
read full announcement
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Jan. 7, 2010
Fidelity Denies Claims it Hid Mortgage Fraud Litigation
Fidelity National Financial Inc. "emphatically refutes" claims made in a New York Times story that it hid mortgage fraud litigation from its investors.
read full announcement
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Jan. 6, 2010
ID Verify Plus Uses 3 Sources to Combat Mortgage Fraud
ID Verify Plus was unveiled by Informative Research, which claims the service combines data verification from three sources -- including the Social Security Administration, the Office of Foreign Asset Control and credit repository databases
read announcement
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Jan. 5, 2010
Mortgage Fraud Tops Times-Gazette Poll
A mortgage fraud story was picked by Times-Gazette readers as the top Shelbyville, Tenn., story of 2009.
read story from Times-Gazette
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Dec. 30, 2009
Long Beach Mortgage Practices Invited Mortgage Fraud
Management's disregard for red flags contributed to the demise of Washington Mutual Inc. subsdiary Long Beach Mortgage.
read Huffington Post story
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| Date |
Defendants |
State |
Amount |
Overview |
News
Publication |
| Jan. 15 |
John Morris, Wayne Puff, |
NJ |
restitution to lenders & investors of $101 million |
20-month sentence for appraiser. |
The Record |
| Jan. 15 |
Todd Phillips, Dwayne Deer, Dawn Stinson |
MS |
na |
Sentencing scheduled. |
Associated Press |
| Jan. 15 |
Charles Harris Mathis Jr. |
NC |
$1.5 mil sales price |
Guilty plea. |
Charlotte Observer |
| Jan. 15 |
Patrick Corvo |
NC |
$1.2 mil in losses, 11 homes |
New charges filed. |
Charlotte Observer |
| Jan. 14 |
Delroy Davy |
FL |
millions of dollars of mortgage loans |
To plead guilty in case where Omni National Bank was defrauded. |
Associated Press |
| Jan. 14 |
Cliff Robertson |
TX |
$150,000 |
Guilty plea |
McKinney Courier-Gazette |
| Jan. 14 |
Debbie Sferrazza, Salvatore Sferrazza, James Ashurst, Heather, Whitney Bonapfel, Keiron Ashurst, Tabatha Sturgill |
OH |
$3,000,000 |
Indictment against family including grandchildren. |
Cincinnati Enquirer
Business Courier of Cincinnati
WCPO.com
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| Jan. 13 |
Kirksey J. "Mark" Newton Jr. |
CA |
7 properties |
Appraiser being sued by Fremont Investment and Loan. |
Californian |
| Jan. 12 |
Seth Gendel, Martin Gendel |
NY |
$4,500,000 |
Father and son indicted. |
Daily Record |
| Jan. 12 |
Mark Roth, Robert Penn, Timothy Brown, Stephen Scott Brown, Jerry Jaquess, Tamara Scott |
IN |
$5,000,000 |
43-month sentence in case where Argent Mortgage Co., Homecomings Financial and The MoneyStation Inc. were victims. |
Indianapolis Star
ethiopianreview.com
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| Jan. 11 |
Benjamin Osmanson |
VT |
$26,000,000 |
9-year sentence. |
IRS.gov
WCAX.com
|
| Jan. 11 |
Jared Tornow, Mikhail Kosachevich |
CA |
$40,000,000 |
70-month sentence. |
IRS.gov
OCWeekly
LawFuel.com
Department of Justice
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| Jan. 11 |
Viktor Kobzar |
WA |
$47,000,000 |
5-year sentence. |
Federal Way Mirror Reporter |
| Jan. 11 |
Mary Rose Wright |
NC |
$3,000,000 |
Guilty plea. |
Triangle Business Journal
WRAL
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