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 April 13, 2012

Mortgage Fraud News

Case Activity

Dramatic Reduction in Developer's Sentence for Cooperation
April 16 -- Prominent Chico developer Anthony G. Symmes was sentenced today in federal court to a month less than three years in prison on his plea of guilty to conspiracy to commit mail fraud and money laundering in connection with a multimillion-dollar mortgage fraud.
read story at

$1.2 Million Ohio Scheme Nets Prison
April 11 -- Andrew Hill, 34, of Dublin, Ohio, was sentenced in U.S. District Court this week to 24 months in prison for obtaining more than $1.2 million in fraudulent mortgage loans involving investment properties in Portsmouth, then "flipping" the properties and selling them to unqualified buyers. Officials from three federal agencies announced the sentence.
read story at

$125 Million Fraud Case Closing
April 9 -- Hennepin County, Minn., Attorney Mike Freeman said on Thursday that his office is wrapping up a five-year investigation of mortgage fraud involving nearly 500 residential properties and more than $125 million in fraudulent loans.
read story at

Date Defendants State Amount of Loans Overview Source
Apr. 13 Jack Witherspoon Hines AL Undisclosed Pleaded guilty. Department of Justice
Apr. 13 Peter B. Neathery VA $3,300,000 Sentenced to 34 months prison plus 5 years supervised release and $3,384,958 in restitution. Department of Justice
Apr. 13 Anthony G. Symmes, Garret G. Gililland III, Shane Burreson, William Baker, Niche S. Fortune, Kesha Danine Fortune Haynie CA At least $4,000,000 Symmes sentenced to 35 months prison plus 3 years supervised release and forfeiture of $4 million. Haynie previously sentenced. Gililland, Burreson, Baker, and Fortune pleaded guilty and await sentencing. Department of Justice
Apr. 13 Marshall C. Ezell, III GA $630,000 Sentenced to 5 years probation plus $10,000 fine and 150 hours of community service. Attorney General
Apr. 12 Yunio Gonzalez, Jane Soulliere CT $9,000,000 Sentences: Gonzales to 24 months prison plus 2 years supervised release, Soulliere to 21 months prison plus 2 years supervised release and $901,152 restitution. Department of Justice
Apr. 12 Lucilene Guido NJ $5,500,000 Sentenced to 12 months prison plus 3 years supervised release and $1,000 fine. Department of Justice
Apr. 11 Frederick Warren, Dorian Brown, Fritz Bonaventure NY $9,000,000 Guilty pleas. Department of Justice
Apr. 11 Andrew Hill OH $1,200,000 Sentenced to 24 months prison plus 3 years supervised release and $546,665.71 in restitution.
Apr. 11 Michael David Scott MA Multiple properties Real estate license surrendered.
Apr. 10 Maria Logan, Jose Guzman, Maurizio Lancia, Stacey Petro, Angel Urena CT $925,000 Logan sentenced to 24 months prison plus 2 years supervised release and $764,527.44 in restitution. Lancia and Urena previously sentenced. Guzman and Petro await sentencing. Department of Justice
Apr. 10 Howard R. Shmuckler VA Multiple properties Guilty plea. Department of Justice
Apr. 9 Adrian Busby NY Multiple properties Sentenced to 1 year and 1 day prison plus 1 year supervised release. Department of Justice
Apr. 9 Gerard Canino NY $66,000,000 Guilty plea. Department of Justice
Apr. 9 Tony Lieng (aka Ung A. Lieng), Lynn Truong (aka Linh Thi Truong), Jenny Chi Ha (aka Phuong A. Ha), Richard Lieng, Andy Lieng Jr., Shirley Wong (aka Ngoc Li Vuong) CA $654,550 Guilty pleas from Tony Lieng, Lynn Truong, Jenny Ha and Richard Lieng. Wong previously sentenced. Andy Lieng's trial begins May 1, 2012. GreenPoint Mortgage Funding Inc. and American Mortgage Network victim lenders. Department of Justice
Apr. 9 Jennifer Le CA $4,000,000 Sentenced to 3 years probation, 6 months home detention and 300 hours community service.

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