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 Dec. 4, 2009

 

Mortgage Fraud News

Case Activity

Dec. 3, 2009


MD County Tackles Fraud
Representatives from the Prince George's County state's attorney's office pledged more effort to combat mortgage fraud.
read story from Gazette.net
Dec. 1, 2009


Fraud Prevention Service Links to SSA
A California fraud prevention firm is touting its status as one of the first enrolled companies in a Social Security Administration program.
read full announcement

DOJ Solifies NC Partnership
The U.S. Attorney's Office for the Western District of North Carolina said the Obama administration's Interagency Financial Fraud Enforcement Task Force formalizes the partnerships it already had with states.
read story at Charlotte Observer

Miami Fraud Task Force Busy
The Miami-Dade Mortgage Fraud Task Force has made more than 175 arrests and opened an additional 780 investigations.
read story at HeraldTribune.com

Nov. 27, 2009


CA's Central Valley Mortgage Fraud Hot Spot
Federal mortgage fraud indictments in California's central region were 50 last year and totaled 30 over the past 12 months -- with each case resulting in losses of $1 million to more than $5 million.
read full story from Business Journal
Nov. 24, 2009


Feds Attack AZ Fraud
U.S. Attorney Dennis Burke has obtained approval to hire three attorneys who will focus on Arizona mortgage fraud cases.
read story from The Arizona Republic

Federal, State Officials Meet on NV Fraud
U.S. Sen. Harry Reid, Federal Trade Commission Chairman Jon Leibowitz and Nevada Attorney General Catherine Cortez Masto were among officials at a mortgage fraud event in Las Vegas.
read story from Associated Press
Nov. 23, 2009


Appraiser Wears FBI Wire

A Kansas City appraiser talks about how he wore a hidden microphone to help bust a huge mortgage-fraud scheme.
read story at KansasCity.com
Nov. 17, 2009


South Chicago Condos Stung Hard by Mortgage Fraud
On the South Side of Chicago, mortgage fraud hit condominium communities especially hard.
listen to full story from WBEC

FBI Warns of Fraud During Foreclosure Process
The FBI's Detroit offices sent representatives to speak to agents at Michigan Re/Max about mortgage fraud during the foreclosure process.
read full story from Daily Press & Argus
Nov. 16, 2009


US AG Reports Huge Rise in Fraud Cases
U.S. Attorney General Eric Holder reported that the Federal Bureau of Investigation is currently investigating 2,400 mortgage fraud cases -- a 400 percent increase from five years ago.
read full DOJ announcement
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
Date Defendants State Amount Overview News
Publication
Dec. 4 Phillip Neill Seibel OK restitution of $770,037 30-month sentence. DOJ.gov

The Edmond Sun

Dec. 4 William T. McMahan, Roger Ritch, Carrie Snow, Jonathan Henderson, Bradley Aydelott TN restitution of $2,400,000 6.5-year sentence. Times-Gazette
Dec. 3 Lloyd Claerhout, Scott J. Schirmer, William F. Wonder III, David E. Twitty, Cameron D. Bennett, Jennifer Hernandez, Katherine S. Sartain MO house valued at $605,000 Indictment. Infozine.com

KansasCity.com

Dec. 2 Ethan Ellner, Donald MacPherson, Dustin Dente, Brandon Lisi NY $82,000,000 Guilty plea by lawyer. 27east.com
Dec. 2 Christopher Hernandez, Clayton John FL $794,000 Deputy among 2 indicted. ABC-7.com
Dec. 2 Michael Milan MD losses up to $7,000,000 Guilty plea by Iran fugitive. FBI.gov

DSNews.com

WashingtonExaminer.com

Dec. 2 Ethan Ellner NY millions Guilty plea. Empire State News

Long Island Press

Nov. 30 Terry Tucker, Sonya aka Cheri Tucker CA mulitple transactions 10-year prison sentences. Ventura County Star
Nov. 27 Mark Ashmore, Luke Reimer, Christopher Dicugno, Equity Solutions Northwest, Remarkable Properties LLC WA multiple properties, some for millions Charges unsealed. Seattle Post Intelligencer

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