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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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Free mortgage news for prospective borrowers.
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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 January 18, 2012
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Mortgage Fraud News
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Case Activity
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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
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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
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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
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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
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$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
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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
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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
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| 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. |
TCPalm.com |
| 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. |
MortgageDaily.com |
| 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. |
MortgageDaily.com |
| 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. |
BakersfieldCalifornian.com |
| 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. |
MortgageDaily.com |
| Jan. 14 |
Robyn Waugh States, R. Craig Adams, Rich Bobka |
FL |
$14,500,000 |
States pleaded guilty. |
HeraldTribune.com |
| Jan. 14 |
Deborah L. Kistner, Mark A. Kistner |
OH |
$7,000,000 |
Trial begins. |
MortgageDaily.com |
archived case entries back to 2005
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