twitter linkedin
facebook google+
Mortgage News

Search mortgage fraud news by keyword.

Mortgage Fraud News
News, analysis and statistics about mortgage fraud.

Local Mortgage Fraud
Stories about individual mortgage crime cases.

Mortgage Fraud Statistics
Statics by year about real estate fraud.

Mortgage Fraud Index
Quarterly index based on case activity.

Mortgage Advertising
Reach mortgage executives, loan originators and other people tied to mortgage industry.

Consumer Mortgage News
Free mortgage news for prospective borrowers.

Mortgage Newsletter
Free e-mail newsletter with the latest headlines from

Mortgage Fraud Feedget RSS code
The latest case activity tracked by for your Web site or for your RSS reader.

Mortgage Fraud Archives
Archive of entries going back to 2005.

home mortgage fraud newsletter full stories advertise mortgage industry newsletter RSS about us
HOT Topics Fraud Resources Fraud Prevention Mortgage Litigation News Appraisal News

Mortgage Fraud Archives

Week Ending January 18, 2012

Mortgage Fraud News

Case Activity

5 Arrested in SoCal Mortgage Fraud Scheme
Jan. 18 -- Federal authorities arrested five people Wednesday who were allegedly involved in an Orange County-based "builder bailout" mortgage fraud scheme, including one defendant from Huntington Beach, according to a press release by the Department of Justice.
read full story at Mortgage Daily

3 Women Sentenced for Mortgage Fraud at Bank
Jan. 16 -- The fallout from the Pierce Commercial Bank mortgage fraud case continued in U.S. District Court in Tacoma this week.
read full story at Mortgage Daily

Not Guilty Plea in HELOC Mortgage Fraud Scheme
Jan. 16 -- PORTLAND, Maine -- The trial of a 44-year-old Rockland woman accused of stealing more than $400,000 from Rockland Savings Bank is scheduled to begin in March.
read full story at Mortgage Daily

Guilty Plea Follows 9 Sentencings for Idaho Family
Jan. 15 -- Season Heather Hymas, 27, pleaded guilty Monday in Boise federal court to theft from a financial institution.
read full story at Mortgage Daily

$30 Million in Losses from Mortgage Fraud Scheme Operated by Lawyer
Jan. 15 -- A Las Vegas lawyer pleaded guilty Monday to his involvement in a mortgage fraud scheme that cost banks and other federally insured institutions $30 million, Nevada's U.S. Attorney Daniel G. Bogden announced today.
read full story at Mortgage Daily

Title Agent Hid Kickbacks from Lenders in $7 Million Scheme
Jan. 15 -- A Hilliard, Ohio, title agent helped put together real-estate deals that defrauded lenders out of $7 million as part of a conspiracy with real-estate agents and mortgage brokers, an assistant U.S. attorney said yesterday in U.S. District Court.
read full story at Mortgage Daily

Family Used by Bank Employee to Execute HELOC Mortgage Fraud
Jan. 14 -- A 44-year-old Rockland woman was indicted Wednesday by a federal grand jury on a charge that she defrauded the bank she worked at for more than $400,000.
read full story at Mortgage Daily

Date Defendants State Amount of Loans Overview Source
Jan. 18 Shalonda McGill, Rodney McGill FL $1,000,000 Shalonda's request for hearing to present new evidence granted.
Jan. 18 Deborah L. Kistner, Mark A. Kistner OH $7,000,000 Pleaded guilty. Department of Justice
Jan. 18 Tommy Hix (22 total) SC $5,500,000 Asked to reduce prison sentence for Hix.
Jan. 17 Gordon L. Yocom, Nancy Rayfus OH $350,000 Yocom pleaded guilty. Department of Justice
Jan. 16 William F. Binnicker, Jr., Rufus G. Revis SC $2,000,000 Pleaded guilty. Wells Fargo and Regions Bank victim lenders. Department of Justice
Jan. 15 Anthony Haynes FL $990,498 money judgment Pleaded guilty. Department of Justice
Jan. 15 Schelton Assoumou NY $2,000,000 in losses Arrested. Department of Justice
Jan. 15 Shauna L. Quinn ME $540,000 Pleaded not guilty.
Jan. 15 Dennis O. Edwards MD $2,241,000 Sentenced to 21 months. Department of Justice
Jan. 14 David Crisp, Carl Cole CA Multiple properties Trial date set.
Jan. 14 Season Heather Hymas, Travis Richard Hymas ID Multiple properties Season Hymas pleaded guilty. Department of Justice
Jan. 14 Shawn Portmann, Jeanette R. Salsi, Alice Lorraine Barney, Sonja Lightfoot WA $10,000,000 in losses Sentences: Salsi 7 months, Barney 2 months, Lightfoot 1 month. Portmann awaits sentencing. Pierce Commercial Bank a victim lender. Department of Justice
Jan. 14 Gerry Zobrist NV $53,000,000 Pleaded guilty.
Jan. 14 Robyn Waugh States, R. Craig Adams, Rich Bobka FL $14,500,000 States pleaded guilty.
Jan. 14 Deborah L. Kistner, Mark A. Kistner OH $7,000,000 Trial begins.

archived case entries back to 2005

Mortgage Fraud Litigation

Q4-2012 | Q3-2012
Q2-2012 | Q1-2012

Q4-2011 | Q3-2011
Q2-2011 | Q1-2011

Q4-2010 | Q3-2010
Q2-2010 | Q1-2010

Q4-2009 | Q3-2009
Q2-2009 | Q1-2009

Q4-2008 | Q3-2008
Q2-2008 | Q1-2008

full-year 2007
Red Flags Rule
News about the Fair and Accurate Credit Transaction Act.
Analysis of Fraud Enforcement and Recovery Act
The Mortgage Graveyard
Reverse Mortgage Blog
Mortgage Compliance Newsletter
Free compliance newsletter from

Copyright © 2014 Subscribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

pricing engine directory

wholesale lender directory

More Mortgage News Resources ( full site map):

advertising news

appraisal news

bank news

biggest lenders

commercial mortgage news

corporate mortgage news

credit news

FHA news

financial regulation news

foreclosure news

free mortgage news

GSE news

jumbo mortgage news

interest rates

loan modification news

loan officer compensation rule

loan originator compensation rule


mortgage associations

mortgage-backed securities

mortgage books

mortgage brokers

mortgage compliance

mortgage conferences

mortgage directories

mortgage education

mortgage employment

mortgage employment index

mortgage executives

mortgage fraud

mortgage fraud blog

Mortgage Fraud Index

Mortgage Graveyard

mortgage insurance news

mortgage lawsuits

mortgage leads

mortgage lender ranking

mortgage licenses

mortgage litigation

Mortgage Litigation Index

Mortgage Market Index

mortgage mergers

mortgage news

mortgage politics

mortgage press releases

mortgage production

mortgage public relations

mortgage rates

mortgage servicing

mortgage statistics

mortgage technology

mortgage video

mortgage Webinars

net branch

net branch directory

nonprime news

origination news

originator tools

sales blog

reverse mortgage news

secondary marketing

servicing news

subprime news

wholesale lenders

wireless mortgage news