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 October 12, 2012

Mortgage Fraud News

Case Activity

SARs Filed on Over $7 Billion in Mortgages During Q2
Oct. 10 -- The latest reading on mortgage fraud activity indicates that instances of suspected mortgage fraud have plummeted by 41 percent over the past year. But the year-earlier total appears to have been aberration tied to a surge in repurchase demands, and activity didn't let up from the previous quarter. More than an estimated $7 billion in home loans were tied to the latest quarter's activity.
read full story at Mortgage Daily
(subscription required)

California County Beefs Up Mortgage Fraud War Chest
Oct. 8 -- A former Bemidji real estate agent faces up to 20 years in prison after pleading guilty in federal court to conspiracy to commit wire fraud in a scheme that defrauded more than $743,000.
read full story at Mortgage Daily

Date Defendants State Amount of Loans Overview Source
Oct. 12 Genilza R. Nunes (aka Leticia Wilchez, Geny Silva, Gena Nunez and Genilza Borges), Sheila Zullo, Paul DiGiacomo, Lillian Veras, Maureen R. Stillwell, Nuno J. Sousa NJ $431,200 Nunes sentenced to 10 years. Provident Funding Associates victim lender. Department of Justice
Oct. 12 Steven R. Hinz, Heather L. English, Patricia A. Polk, William E. Phillips III OH Multiple properties Hinz pled guilty. Department of Justice
Oct. 12 Paul Wagner NV $8,000,000 Convicted.
Oct. 12 Eric Finger, Jeffrey Larochelle, Denise Parks, Frederick Warren, Joell Barnett, Foriduzzaman Sarder, Sakat Hossain, Mikael Huq, Fritz Bonaventure, Dorian Brown, Reginald Johnson NY $9,000,000 Finger sentenced to 51 months. Department of Justice
Oct. 11 Simon H. Aouad, John C. Lucidi, Jr., Timothy Cook, Eric Maratea, Eric Itzi PA $3,200,000 in losses Aouad indicted. Department of Justice
Oct. 11 Kessler Holzendorf FL Multiple properties Holzendorf convicted. Department of Justice
Oct. 11 Anthony Pierre Williams, Anthony Salcedo, Sean McClendon CA $1,000,000 in losses Williams pled guilty. Department of Justice
Oct. 9 Stephen Kenneth Chrysler, Aida Agusti Castro CA $8,000,000 Chrysler sentenced to 37 months, Castro sentenced to 33 months. Department of Justice
Oct. 9 William A. Trudeau, Jr., Joseph Kriz, Heather Bliss, Fred Stevens, Thomas Preston CT $3,500,000 Trudeau convicted. Department of Justice
Oct. 8 Arthur Seaborne FL Multiple properties Pled not guilty.

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