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 Newswire

send your comments or links

Last Updated Friday, May 1, 2009 10:00 PM Texas Time

May 1, 2009

$20 Million Mortgage Fraud Scheme Dupes Argent, Countrywide

Seven people in Indiana have been charged with mortgage-fraud related crimes that included the origination of over 200 fraudulent loans that were submitted to Argent Mortgage, People's Choice Mortgage, aka Countrywide Home Loans and The Money Station.

Banks Lost Nearly $4 Million in Fraud Scheme

A 45-year-old California woman was convicted on mortgage fraud related charges after acting as a straw borrower and pocketing more than $1 million in the scheme. She also falsely obtained a personal mortgage loan in the amount of $526,500. She faces up to 60 years in federal prison.

Lawsuit Filed in Greeley Real Estate Scam

The Colorado Attorney General has filed a complaint against a real estate company and its co-owners for victimizing Latinos with limited-English speaking skills in a mortgage fraud scheme.

More Support for New Act

Bipartisan legislation intended to strengthen the government's role in mortgage fraud prosecution is receiving rave reviews from the Senate.

Church Members Recruited in Mortgage Fraud Scheme

A husband and wife have been arrested on charges they defrauded fellow church members and lenders in a $33 million mortgage fraud scheme.

April 29, 2009

Fraud Prevention and Detection Conference Approaching

Forensic and fraud experts are taking the stage in the Third Annual Fraud and Forensic Accounting Education Conference in Atlanta May 28-30. Assistant U.S. Attorney Barbara Nelan will discuss the federal prosecution of mortgage fraud nationwide.

Lender Restricted from FHA Originations

A New York lender and its president have been permanently banned from originating government-backed loans after being accused of defrauding the U.S. Department of Housing and Urban Development, MortgageDaily.com reported.

Appraiser to be Sentenced

An Ohio appraiser who artificially inflated an appraisal, failed to disclose known violations and a relevant business relationship to the property appraised is to be sentenced today.

Mortgage Fraud as Crime in South

The Alabama Senate unanimously agreed to approve a bill that would make mortgage fraud a crime.

New Fraud Enforcement Act Supported

A Southern Senator is announcing his support for the new Fraud Enforcement and Recovery Act of 2009.

Unlicensed Broker Sentenced

A St. Petersburg man has been sentenced again for fraud, this time mortgage fraud. He has been ordered to pay over $2 million in restitution and almost $6 million in fines after leaving a long trail of deceit and mortgage fraud.

April 28, 2009

New Bill Approved

Almost a half-billion dollars will be poured into helping fight mortgage fraud and other related crimes thanks to an overwhelming majority approval of new legislation today.

Midwest Tightening Mortgage Fraud Laws

Officials from Missouri and Kansas are aiming to head-off increasing mortgage fraud with new legislation to toughen the federal mortgage fraud laws.

Expert Weighs in on Fraud Impact

The impact of mortgage fraud has long-term lasting effects, according to a university assistant professor whose research is to be published later this year.

Power to Prosecute Fraud

The U.S. Senate is voting on new legislation that would make prosecuting mortgage fraud easier.

April 27, 2009

Signs of Slowdown for Doubled Mortgage Fraud

Mortgage fraud incidence has doubled over the last year, however, it has taken a serious dip from the last quarter's activity, according to the FraudBlogger Index published by MortgageDaily.com. The mortgage trade publication found surprising results in the tracking of $1.5 billion in mortgage fraud cases.

1,000 People Duped in Fraud Scheme

Five people are facing charges related to mortgage fraud after prosecutors busted what appears to be a Ponzi scheme involving more than 1,000 victims.

Repeat Offender Faces Decades in Prison

Using straw buyers, artificially inflated appraisals and bankruptcy fraud, a Georgia man was able to swindle millions of dollars shortly after being released from prison for mortgage fraud. He now faces up to 35 years in prison and a fine of up to $1.3 million.

No Reprieve for Appraiser

An appraiser found guilty of falsely inflating the value of homes in a multimillion-dollar mortgage fraud scheme appealed her conviction citing trial-errors made by the judge.

Calling All Fraud Witnesses

Authorities in a major Metropolitan city are encouraging citizens to report suspected mortgage fraud activity.

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