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

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

Mortgage Fraud Archives
Archive of FraudBlogger.com entries going back to 2005.

Mortgage Fraud Archives

Week Ending Feb. 12, 2010


Mortgage Fraud News

Case Activity

Feb. 11, 2010

Mortgage Fraud Generating Local Bubbles
The FBI says mortgage fraud is at epidemic levels -- possibly fueling the development of local bubbles.
read story from NuWireInvestor
Feb. 8, 2010

MO Mortgage Fraud Lighter Than in Harder Hit States
While Missouri has a problem with mortgage fraud, its nothing like what has been seen in states like Arizona and California.
read story at St. Louis Globe-Democrat
Feb. 5, 2010

GA Gov. Announces Fraud Legislation
Mortgage fraud legislation that would grant the Georgia Bureau of Investigation jurisdiction to initiate investigations on offenses related to mortgage fraud has been introducted into the state senate.
read press release
Feb. 4, 2010

GA Introduces Fraud Legislation
A state senator in Georgia has introduced legislation that would enable state investigations into mortgage fraud.
read story from WALB
Feb. 3, 2010

MN Fraud Referrals UP 800%
The Minnesota Department of Commerce referred 45 cases of mortgage fraud, securities fraud and insurance fraud to outside authorities in 2009, up from five or fewer in previous years.
read story at Pioneer Press
Feb. 1, 2010

HUD Budget Includes $88 Mil for Fraud
The U.S. Department of Housing and Urban Development's fiscal-year 2011 budget continues FHA’s $20 million Combating Mortgage Fraud initiative.
read HUD budget proposal

Jan. 22, 2010

Mortgage Fraud Growth Slows
New government data indicate that mortgage fraud activity is beginning to ease.
read story at MortgageDaily.com
Date Defendants State Amount Overview News
Feb. 12 F. Jeffrey Miller, MO $25,000,000 Acquittal. Kansas City Business Journal
Feb. 12 Beverly A. Ross, Donella Locke IN $23,500,000 63-month sentence. Indianapolis Star
Feb. 12 Jonathan L. Boyd OH $469,000 in restitution 6-year sentence. IRS.gov

The Columbus Dispatch

Feb. 12 Joel D. Surprenant OR $241,000 in losses Guilty plea. Victims Bank of America First Franklin Financial corp. 7th Space
Feb. 12 James Fish, Kurt Warren Heintz MI $14,467,546 in losses 30-month sentence. Victims included IndyMac Bank, Fifth Third Bank, Bank of America, Independent Bank, Mercantile Bank, Union Federal Bank Daily Tribune
Feb. 11 John Mendoza, William Domingo HI 22 charges Guilty verdict. Honolulu Advertiser
Feb. 11 Sergio Natera, Anna McElaney CT price of $102,375 Guilty plea in fraudulent short sale. Acorn-Online.com

Grenwich Time

Feb. 11 Michael Lock, Nicole Brown WI multimillion-dollar Sentence of no prison. WTAQ

Journal Sentinel

Feb. 11 Jeremy Beadle, Rebecca Domecillo MO many transactions listed Indictment. St. Louis Business Journal


Feb. 10 Shauna Labee, Steven Grimm, Eve Mazzarella NV Losses exceeded $17,000,000 30-month sentence for Labee. IRS.gov
Feb. 10 Eric Krahnke, Michael Striker MN $4,000,000 37-month sentence. Star Tribune
Feb. 10 Michael Prieskorn, Richard Laho MN 70 transactions Not guilty plea. Pioneer Press

Star Tribune

Feb. 10 Ahmed Elbatrawy MN 11 properties. $35k fine and loss of RE license. Star Tribune
Feb. 10 Stephen G. Doherty, Edward McCusker, Jeffrey Bennett PA $14,600,000 Guilty plea on bankruptcy fraud. Philadelphia Daily News
Feb. 9 Donald Platten FL securities, mortgage and tax fraud totaling over $1 million 22-year sentence. Sun Sentinel
Feb. 9 Ayo Dineji Olaniyan, Gaile Diana Cates,Gerald Snow, Jerry Snow OK multiple sales, 1 for $215,000 Guilty pleas. Tulsa World


Muskogee Phoenix

Feb. 9 Joel D. Surprenant OR losses of $315,000 Guilty plea in case where victim were Bank of America, First Franklin Financial Corp. OregonLive


Feb. 9 First City Funding CA 18 loans, 1 for $1 million Trial gets underway. The Recorder
Feb. 8 Craig Adams FL $200 million in property value Defendant turned FBI informant. WUSF
Feb. 7 president and owner of Homes for Sale by Owner Inc. FL 12 transactions 6-year prison sentence. Examiner
Feb. 6 Todd Leary, Joseph Garretson IN losses of $2 mil Guilty plea. The Journal Gazette

archived case entries back to 2005

read archived blog entries

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 MortgageDaily.com.

Copyright © 2014 MortgageDaily.com
MortgageDaily.com Subscribers Only:

AMC directory

ARM indexes

mortgage company directory

mortgage regulations

net branch directory

pricing engine directory

wholesale lender directory

More Mortgage News Resources (MortgageDaily.com 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