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 September 20, 2012

Mortgage Fraud News

Case Activity

Man Convicted of Providing Hundreds of Fraud Appraisals
Sept. 20 -- A federal jury on Thursday convicted a Shaler, Pa., man on five counts of wire fraud and two counts of wire fraud conspiracy.

Mobster's Wife Pleads Guilty to Mortgage Fraud
Sept. 18 -- The wife of a reputed mob figure admitted today that she conspired to defraud a mortgage lender in order to buy a $715,000 house in Egg Harbor Township, N.J.

2 Headed for Prison in $8.8 Million Mortgage Fraud Case
Sept. 17 -- CLEARWATER, Fla. -- Two former mortgage brokers convicted of racketeering and grand theft have to wait until Monday to find out how long they'll be stuck in prison, while one of their wives was sentenced to probation Monday for a lesser role in the scheme.

Convicted Couple Win Appeal in Mortgage Fraud Case
Sept. 16 -- They were known as "liar's loans" -- mortgages given to people who likely couldn't afford them based on salaries and assets that were sometimes inflated, or even invented.

Date Defendants State Amount of Loans Overview Source
Sep 20 Paul R. Tomko OH $327,044 in restitution Sentenced to 52 months. Department of Justice
Sep 19 Maria DeJesus-Guzman PA Undisclosed Indicted. Department of Justice
Sep 19 Pedro Benevides FL $44,059,565 Indicted. Department of Justice
Sep 19 Jason Moreno PA Multiple properties Convicted.
Sep 18 John Parisi, Nicodemo S. Scarfo, Salvatore Pelullo, Lisa Marie Scarfo, William Maxwell, Cory Leshner, David Adler, Gary McCarthy, Donald Manno, John Maxwell, Todd Stark NJ $715,000 Parisi pleaded guilty. Department of Justice
Sep 17 Seth A. Fuscellaro, Timothy D. Ricks, Orlando Allen NJ $15,000,000 Charges against Fuscellaro dropped.
Sep 17 Lisa Marie Scarfo, Nicodemo S. Scarfo, Salvatore Pelullo, Maxwell, Cory Leshner, David Adler, Gary McCarthy, Donald Manno, Todd Stark NJ $715,000 Lisa Scarfo pleaded guilty. Department of Justice
Sep 16 John Allen CA $100,000,000 Sentenced to 1 year.
Sep 16 Eric Ray Hernandez CA $6,087,541 in losses Sentenced to 130 months. Department of Justice
Sep 16 Stephanie Bolton, William Bolton, Craig Hudson, Lynne Hudson, David Barile, Melissa Holsopple Barile, Eric Rivero FL $8,800,000 Stephanie Bolton sentenced to 2 years probation.

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