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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.
Reach mortgage executives, loan originators and other people tied to mortgage industry.
Free mortgage news for prospective borrowers.
Free e-mail newsletter with the latest headlines from MortgageDaily.com.
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 September 10, 2010
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Mortgage Fraud News
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Case Activity
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Sept. 2, 2010
Flops, Foreclosures and Fraud
Short-sale fraud, foreclosure fraud and mortgage fraud are all topics that Ann Fulmer is an expert on.
watch full video at FraudBlogger.com
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Aug. 24, 2010
Texas Family Mired in Mortgage Fraud
The Corsicana Daily Sun is running a four-part series on the Texas Marriotts.
read story at Corsicana Daily Sun
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Aug. 23, 2010
350 FBI Agents Dedicated to Mortgage Fraud
More than 350 of the 13,000 agents employed by the Federal Bureau of Investigation are devoted to mortgage fraud.
read full story at WITN
Mortgage Fraud Cases Jump 55%
A big surge in the number of active mortgage fraud cases helped push the Second Quarter 2010 FraudBlogger.com Index higher. The heavier caseload follows increased efforts by the Obama administration to prosecute mortgage crimes.
read full announcement
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Aug. 21, 2010
Story of Bonny and Clyde of Mortgage Fraud
In 2004, Matthew Bevan Cox and Rebecca Marie Hauck were dubbed the "Bonny and Clyde of mortgage scams" by MortgageDaily.com. The two fugitives were on a mortgage fraud spree.
read article - watch video
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Aug. 17, 2010
Risk of Mortgage Fraud Subsides
U.S. mortgage loans are less likely to involve mortgage fraud than they were three months ago, according to a quarterly index released Tuesday. But the risk of identity fraud was worse.
read story at MortgageDaily.com
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Aug. 13, 2010
Uptown Dallas Hotbed of Fraud
The 75201 zip code includes an arts district, several entertainment centers and lots of swanky high-rise condominiums. An anlysis of mortgages there, however, indicated 13 percent of loans in the are include mortgage fraud.
read story at Dallas Morning News
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Aug. 9, 2010
Sacramento Expands Mortgage Fraud Unit
The district attorney in Sacramento, Calif., has expanded the real estate fraud unit.
read announcement at SACDA.org
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Aug. 6, 2010
RI AG Candidate Targets Net Branch Loophole
Stephen R. Archambault, who is running as a Democrat for Rhode Island attorney general, says mortgage brokers and originators can avoid criminal background checks and license requirements by signing a net branch agreement -- a loophole he hopes to outlaw.
read story at Providence Journal
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Aug. 4, 2010
Fast Growing Fraud Detection Firm Adding 200
Rapid growth at a technology firm that helps lenders identify potential mortgage fraud has it expanding by 200 employees in Florida. The company has doubled in size each of the past three years and expects to do so again this year.
read story at MortgageDaily.com
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| Date |
Defendants |
State |
Amount of Loans |
Overview |
Source |
| Sep. 10 |
Jay S. Fischer, James L. Dupuis |
WI |
1 transaction |
Charges filed. |
Doj.State.WI.US |
| Sep. 10 |
Erica S. Gaib, Scott M. Gaib, Wayne Gaib |
OH |
$1,300,000 |
Guilty plea by Erica. |
Justice.gov |
| Sep. 10 |
Billy Craig Underwood |
AR |
restitution of $1.88 million |
9-year sentence. |
NWAOnline.com |
| Sep. 10 |
Amy B. Strait, Gail Mendez, Carlos Solis |
WI |
$8,000,000 |
Guilty plea. |
Madison.com |
| Sep. 9 |
Eric Clawson |
CA |
2 Chico properties |
37-month sentence. |
FBI.gov |
| Sep. 9 |
Kelvin Kidd, Chekeelah Phelps, Munzer Kawasmi, Deborah Fernie, Clayton Bennett, Tamiko Warren, Tiffanie Berry, Roger William Dewater, Mark Anthony Smith, Gail Mazin |
TX |
$13,000,000 |
Probation sentences. |
Star-Telegram |
| Sep. 8 |
Michael R. Anderson, Michael David Scott |
MA |
27 condos |
Charges filed. |
Justice.gov |
| Sep. 8 |
Deborah L. Joyce, Todd W. Joyce |
WV |
$1,355,000 |
Guilty pleas. United Bank a victim. |
FBI.gov |
| Sep. 8 |
Thomas John Hunter, Frederick Earle Deen, Taylor Trump |
MN |
$20,000,000 |
40-month sentence for Hunter. |
Justice.gov |
| Sep. 7 |
Barry Buchignani |
KY |
$2,000,000 |
Not guilty plea. |
Justice.gov |
| Sep. 7 |
Francis R. Conti |
PA |
losses exceeded $1 million |
Prosecuters are fighting defendant's "devoid of merit" filingin his efforts to be released from prison |
GoErie.com |
| Sep. 4 |
Arthur Samuels, Michael David Scott, Jerrold Fowler |
MA |
multiple |
Charges filed against Samuels. |
Boston.com |
archived case entries back to 2005
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