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


 
 
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.

Mortgage Fraud Archives

Week Ending Nov. 6, 2009

 

Mortgage Fraud News

Case Activity

Nov. 4, 2009


Over 100 Florida Arrests
The crackdown in Florida resulted in more than 100 arrests alreade.
read story from CFNews13.com
Nov. 3, 2009


NY Senate Hears Mortgage Fraud Testimony
A state senate committee in New York heard testimony from victims of mortgage fraud.
read story at the Legislative Gazette


Florida Fraud Flurry
The U.S. Attorney's Office, the Federal Bureau of Investigation and the Internal Revenue planned a media blitz on mortgage fraud in Florida.
read Associated Press story
Oct. 30, 2009


Red Flags Rule Delayed
The Federal Trade Commission announced Friday that enforcement of the Red Flags Rule has been delayed.
read story at MortgageDaily.com
Oct. 27, 2009


Despite HVCC, Valuation Fraud to Rise
Despite the implementation of the Home Valuation Code of Conduct, a new report suggests that occurrences of fraudulent home valuations are expected to shoot up by one-quarter. The report also indicated that states with the highest risk of mortgage fraud are those states with the highest levels of foreclosures.
read full story at MortgageDaily.com
Oct. 18, 2009


Presidential Death Threats Force Secret Service to Shift Resources from Fraud
Mortgage fraud has taken a backseat as the Secret Service shifts resources to cope with an increase in death threats following the election of Barack Obama.
read full story at the Boston Globe
Oct. 13, 2009


Fraud Databases Explode
Just one day after Interthinx announced a nationwide mortgage fraud database, First American CoreLogic announced that its mortgage fraud repository is the biggest in the country.
read full announcement
Oct. 12, 2009


Lenders to Share Mortgage Fraud Data
A new collaboration between Interthinx Inc. and MERS has resulted in a massive database of mortgage fraud activity that will enable mortgage lenders to identify and share data about fraudulent transactions.
read full announcement
Oct. 1, 2009


Discounted Fraud Prevention
A fraud prevention firm promises that if its services don't identify twice as much mortgage fraud as its competitors, then lender customers will receive the service free for a limited period.
read full announcement

Income Analytics Added to Fraud Detection Tool
Risk analytics based on income verification have been integrated into a fraud prevention tool.
read full announcement
Sept. 20, 2009


Congress Mulling $200 Mil for Mortgage Fraud
Democrat U.S. Sen. Charles Schumer and Republican Sen. Jon Kyl have proposed legislation that would arm state and local prosecutors with up to $200 to fight mortgage fraud.
read story at the Miami Herald
Sept. 23, 2009


California County Nabs $1.7 Milion
The Ventura County District Attorney's Office received nearly $1.7 million in federal grants to fight mortgage fraud.
read story at Venture County Star

Mich. County Boost Fight Against Mortgage Fraud
Michigan's Ingham County Register of Deeds is leading a new campaign to fight mortgage fraud.
read story at WILX.com
Date Defendants State Amount Overview News
Publication
Nov. 6 William E. Nichols LA $2,900,000 Guilty plea. MortgageDaily.com

ArkLaTex

Nov. 6 William Craig Straub FL $2,740,000 Guilty plea among 30 Tampa arrests and part of 105 statewide arrests. SunCoast News
Nov. 6 Lakeisha Gates, Gretchen Scott, Eric Scott FL $300,000 Guilty plea among 30 Tampa arrests and part of 105 statewide arrests. SunCoast News
Nov. 6 Robert W. Bentley FL $1,250,000 Arrest warrant sought among 30 Tampa arrests and part of 105 statewide arrests. SunCoast News
Nov. 6 Richard Likane FL $356,000 Arrest warrant sought among 30 Tampa arrests and part of 105 statewide arrests. SunCoast News
Nov. 6 Nelson Bryan Rivera Valentin FL $900,000 Charges among 30 Tampa arrests and part of 105 statewide arrests. SunCoast News
Nov. 6 Beatriz Sanchez FL $670,300 Fugitive sought among 30 Tampa arrests and part of 105 statewide arrests. SunCoast News
Nov. 6 Roy Watson FL $700,000 Arrest sought among 30 Tampa arrests and part of 105 statewide arrests. SunCoast News
Nov. 6 Jorge Socorro, Corey Brower, Sandi Brower FL na Sentencing of GreatStone execs among 30 Tampa arrests and part of 105 statewide arrests. SunCoast News
Nov. 6 Jason Anthony Martinez FL $4,000,000 Guilty plea among 30 Tampa arrests and part of 105 statewide arrests. SunCoast News
Nov. 6 Edward William Farley GA $20,000,000 Guilty plea. Associated Press

Chattanoogan.com

Nov. 6 Donald W. Linville, Jordan S. Alvarez, Sharon Keller Baker, Delvin R. Campbell, Lashonda Dudley-Williams, Jennifer Rosemarie Genus, Donna Nelson Gurlides, Jean Tan Jones, Timothy Lee Miller, Jeffrey Rubin, Mildred Ann Russell, Marshall Craig Scott (commonly known as Craig Scott), Cynthia Darlene Strickland, Fe V. Tan, Barry C. Westergom, Joseph Cirlot, Christopher Reid, Winslow Ballenger Wheeler, Cassie R. Clarkson FL na Former Compass Bank exec among 24 Jacksonville defendants charged. Part of 105 statewide arrests. Jacksonville.com
Nov. 5 19 Orlando-area defendants FL $38,000,000 Arrests part of 105 statewide arrests. FOX 35 News
Nov. 5 Craig Scott, 23 real estate profesionnals FL $244,000,000 Indictments. The Florida Times-Union
Nov. 5 Teresa Marie Wilson, Angelo Surveo Williams MI na Trial in process Jackson Citizen Patriot
Nov. 4 Maria Antonia Franks Hernandez MI 1 loan Arraignment. The Grand Rapids Press

WWMT.com

Nov. 4 Larry Corna, Alan Csipke OH 3 properties 4-year sentence. ThisWeek
Nov. 4 32 Fort Myers-area defendants FL $25,000,000 Multiple cases as part of 105 statewide arrests. News-Press.com
Nov. Nestor Bryan Rivera Valentin FL $900,000 Arrest in case where Lehman Brothers Bank was victim. Bradenton.com
Nov. 4 30 Tampa defendants FL $103,000,000 Arrests as part of 105 arresst. These cases invovled 313 properties. U.S. Attorney General

Bradenton.com

Tampa Bay Business Journal

The Suncoast News

Nov. 4 105 defendants across state FL $400,000,000 Total arrests across state in 98 cases involving 700 properties. Bradenton.com
Nov. 3 Joseph McCloskey Diaz & 9 others, including salsa singer PR $14,000,000 Defendants charged. Associated Press
Nov. 3 Charles Evans, Chris Evans MS millioins Motion filed. MSBusiness.com
Nov. 3 Mark Strodtman, JS Real Estate LLC CO na Trial begins. Greely Tribune
Oct. 30 Terrence White MD $19,000,000 3-year sentence. Associated Press
Oct. 30 Raymond A. Desautels III, Allen J. Seymour. Jason Passell, Judith Piette MA $3,000,000 Guilty plea. Worcester Telegram

archived case entries back to 2005



read archived blog entries

 
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