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

Sign Up for Free Mortgage Fraud Newsletter


 
 
twitter linkedin
facebook google+
Mortgage News

Search
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 Industry Fraud
send your comments or links
for possible publication


 
Fraud News Wire

Last Updated Friday, June 15, 2007, 4:49 PM Texas Time

June 15, 2007

Unmatched Fraud Risk Management
Interthinx expands lender access to FraudNET Technology.




Fraudster Tied to CIA
Emmanuel Constant, a Haitian also known as “Toto” Constant and who admitted to charges of mortgage fraud that affected numerous lenders, was at one point associated with the CIA.


read story from Blogger News Network




Fraud Wave Hits Home Values
San Diego neighborhoods have been hit by foreclosures resulting from mortgage fraud that includes multiple properties being sold to one buyer at one time.


read story from Fox 6 News




Child SSNs Used in Mortgages
A mortgage fraud investigation that showed several children's identities were misused prompted Utah officials to the idea that many more children have had their social security numbers stolen for access to credit.


read story from Deseret News




Bank Entangled in Developer Scam
Capital Bank is among four banks that have reported concerns related to a North Carolina real estate scheme that allegedly bilked consumers of $100 million and defrauded the banks as well.


read story from The News & Observer




June 14, 2007

Title Co. Gets ID Theft Prevention
ID Analytics ID Network to combat identity fraud.




1 Sibling Free for Retrial
While Richard N. Amico will remain free on a bond secured by relatives' property and pending retrial for allegedly defrauding mortgage lenders in collusion with his brother Robert J. Amico, the latter of the siblings has not been able to secure property for his release.


read story from Rochester Democrat and Chronicle




Ex-NFL Player Faces 30
Sean Jones, a former professional football player, two former loan officers of Southwest Bank of Texas, Bank of Houston and Whitney National Banks, and an attorney and appraiser each face a maximum sentence of 30 years for allegedly acquiring mortgages for overvalued properties and diverting excess proceeds for personal use.


read story from Sports Illustrated




June 12, 2007

MA Seeks Tougher Mortgage Fraud Laws
Bill criminalizes mortgage fraud, protects consumers.




Co.s Unprepared to Fight ID Fraud
A mortgage credit info and ID theft management service provider offers expert advice for businesses.




AZ Mortgage Fraud Law Near
A bill that would make mortgage fraud a felony punishable by up to three years in prison for a first offense is on its way to the desk of Arizona's governor.


read story from KOLD News 13




Straw Buyers Fuel Foreclosures
Straw buyers are amongst the players contributing to the rise in foreclosure either through willingly giving false information for a loan or being persuaded by unscrupulous originators to get into the real estate rental business without fully understanding it.


read story from Star Tribune




June 11, 2007

Half Doubt Lenders are Ethical
Consumers almost evenly divided on lenders' ethics.




Judge Stops Investment Scam
Developers convinced dozens of consumers to invest in overvalued lots in Mitchell County




Mortgagees Seek Fraud Warning System
MBA unit requests information to create national database.




Pair Admits to Defrauding Lenders
Matthew J. Kupic and Francis Thomas Disonell admitted they orchestrated a scheme in which they used their companies, Team Title Abstractors and Real Estate Consultants, to defraud lenders by methods such as depositing money into straw buyer accounts to get loans approved.


read story from Builder Online


read archived blog entries

  Patrick Crowley is fraud journalist for MortgageDaily.com and a reporter and columnist for The Cincinnati Enquirer.

Email Patrick at: PatCrowl ey@FraudBlogger.com
 
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

MBS

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