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 14, 2011

Mortgage Fraud News

Case Activity

Fraud Case Dismissed Against Fla. Cop, Lawyer
Oct. 13 -- FORT LAUDERDALE, Fla. -- Federal prosecutors said Wednesday they are dropping all criminal charges against a Fort Lauderdale lawyer and a former police officer arrested last year in a mortgage fraud investigation.
read full story at
Federal Agents Honored by U.S. Attorney for their Efforts Against Mortgage Fraud
Oct. 12 -- MINNEAPOLIS—To date in 2011, more than a dozen people have been charged federally with mortgage fraud and related crimes in the District of Minnesota. These complex cases are the result of lengthy investigations by federal agents, in particular, Special Agent Andy Gibart of the Internal Revenue Service's Criminal Investigation Division ("IRS-CID"), Special Agent Jennifer Khan of the Federal Bureau of Investigation, and Inspector Christine Kroells of the United States Postal Inspection Service ("USPIS").
read full story at
Guilty Plea for Processor, Attorney
Oct. 12 -- The company name said it all: Easy Realty Solutions, of Pine, thrived at a time when mortgages seemed to be yours for the asking.
read full story at
DataQuick Updates Fraud Detection Tools in LoanShield
Oct. 10 -- DataQuick(R), a provider of advanced real estate information solutions powered by higher quality data, analytics and advanced decisioning, announced the addition of Property Review to LoanShield(TM), DataQuick's fraud protection platform.
read full story at
Mortgage Broker Pleads Guilty in Flipping Scheme
Oct. 10 -- A Dublin, Ohio man, Andrew Hill, 34, has pleaded guilty in U.S. District Court to bank fraud and money laundering for obtaining more than $1.2 million in fraudulent mortgage loans involving investment properties in Portsmouth, then "flipping" the properties and selling them to unqualified buyers.
read full story at
Guilty Plea for Mortgage Broker, L.O.
Oct. 10 -- A Severna Park, Md., mortgage broker pleaded guilty Friday in a mortgage fraud case that left lenders with more than $940,000 in losses, robbed homeowners of at least $1.2 million in home equity and pushed 16 homes into foreclosure, the Maryland U.S. attorney's office said.
read full story at
Date Defendants State Amount of Loans Overview Source
Oct 14 Antoinette Payne OH $1,000,000 Indicted. Department of Justice
Oct 13 Hubert Rotteveel CA $3,000,000 Indicted. Department of Justice
Oct 13 Troy David Chaika, Dustin Lee LaFavre MN $43,000,000 Chaika sentenced to 8.5 years prison. LaFavre previously sentenced to 4 years prison.
Oct 13 Jong Shin, Anna Shea, Michael Oxley, Tula Rampersaud, Sudesh Rampersaud, Steven Boswell, Esther Zhu NJ At least $1,200,000 Shin convicted. Others pleaded guilty and await sentencing. J.P. Morgan Chase Bank a victim lender. Department of Justice
Oct 13 John J. McElroy PA $4,000,000 Indicted. Department of Justice
Oct 12 Portia R. Louder, Chad Louder UT Multi-million dollar scheme Indictments. Department of Justice
Oct 12 Paul Bieber, Mary Lee Reinking, Natalie Long, Darryl Hanneken, Robert Herdrich, Mary Pat Lord, Marc Engelmann IA More than $200,000 Bieber sentenced to 3 years probation plus $37,969 in restitution; Reinking and Long previously sentenced to probation; Hanneken and Herdrich previously sentenced to 40 months prison; Lord and Engelmann await sentencing. Department of Justice
Oct 12 Marleen Shillingford CT $7,000,000 in losses Guilty plea. Department of Justice
Oct 12 Justin Michael Ray IA $711,500 Sentenced to 37 months prison plus 5 years supervised release and $203,097.86 in restitution. Department of Justice
Oct 12 Steven Stoll, Dennis Guaracino, Joseph Guaracino FL $16,000,000 Charges against Stoll and Dennis Guaracino dropped.
Oct 11 Angela Esparza NV Multiple properties Pleaded guilty. Department of Justice
Oct 11 Diane H. Frederick Atari VA $50,000,000 Pleaded guilty.
Oct 11 Melissa Collins Gulledge AL Multiple properties Judge finds Gulledge fit for trial.

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