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.

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



Mortgage Fraud Archives

Week Ending September 24, 2010


Mortgage Fraud News

Case Activity

Sept. 22, 2010


Mortgage Fraud Testimony
A panel of national and local experts told the federal Financial Crisis Inquiry Commission, among other things, that regulation of mortgage fraud is inadequate and financial incentives are misplaced.
read story at the Miami Herald
Sept. 21, 2010


Mortgage Fraud Testimony
Ann Fulmer, who has been fighting mortgage fraud since 1996, testified before the Financial Crisis Inquiry Commission about the impact of mortgage fraud.
read announcement from Interthinx
Sept. 17, 2010


Mortgage Fraud on Commission's Agenda
A federal financial crisis commission will discuss South Florida mortgage fraud at a Miami hearing.
read story at Miami Herald
Sept. 16, 2010


$1.7 Million for Prosecuting AZ Mortgage Fraud
A $1.7 million grant was awarded by the U.S. Department of Justice to Arizona's attorney general's office to fight mortgage fraud in the state.
read announcement from Arizona Attorney General


Freddie Steps Up Fraud Fight
Mortgage firms that sell loans to the Federal Home Loan Mortgage Corp. have new procedures to follow as part of the company's efforts to police and reduce mortgage fraud.
read story at Mortgage Daily


White Paper on Fraud at Lending Institutions
As you think of the suspense-filled spy
movies in which the hero must defuse a bomb to save the city, you can hear the familiar “tick, tick, tick” of the bomb’s time clock. With ninja like precision the hero cuts the yellow wire, or maybe the red wire, just in time to stop the clock, neutralize the bomb, and save the day. The rush of adrenaline, the intensive focus, and the danger seem to only last for a few seconds then it is all over and everything is safe.
read full report

Sept. 13, 2010


Mortgage Fraud Prevented at Application
A company that provides technology for the applications taken by mortgage loan officers has loaded its offerings with technology that helps prevent mortgage fraud.
read full announcement


Calif. Town Sees $150k Mortgage Fraud Grant
The town of Glendale, Calif., has put a $150,000 grant for mortgage fraud to use. So far this year, local law enforcement has worked on 50 cases with 134 defendants.
read story at GlendaleNewsPress.com
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
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
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
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
Date Defendants State Amount of Loans Overview Source
Sep. 24 James Lee Lankford, Jon Vance McDade CA losses of $10,580,000 Charges filed. Wachovia/Wells Fargo Bank among victims. StopFraud.gov
Sep. 24 Jason L. Rabicoff, Eric M. Rabicoff, Bora Ly, Deborah Saulmon,, Anthony E. Carollo, , Rebecca Gelwix,, Anthony Painton Jr., Lucas R. Collier, Kong Bun Ly, Richard Ngek KS $3,000,000 Guilty plea by Eric Rabicoff and Ngek. Justice.gov
Sep. 22 PAUL L. PLAHN MA 1 count Probationary sentence. FBI.gov
Sep. 22 Jermaine Frederick Frazier, Eugene J. Lockhart Jr., Donna Lois Kneeland, Bryan J. Moorman, Patricia Ortega Suarez, Michael Anthony Caldwell, William Randolph Tisdale Jr., Hubert Jones III, Lendell Beacham, Suzette Switzer Hinds, Scott David Eller TX $20,500,000 Guilty plea by Frazier. StopFraud.gov
Sep. 22 Syed A. Babar aka “Ali” and “Asad,” MARSHALL ASMAR, WENDY WERNER, REHAN QAMER, MOHAMMAD SALEEM CT $10,000,000 4 charged. Justice.gov
Sep. 20 MARK STEVEN ASHMORE WA multiple transactions Guilty conviction. Pierce Commercial Bank was among victims. Justice.gov

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 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