| |
|
|
|
|
Search mortgage fraud news by keyword.
News, analysis and statistics about mortgage fraud.
Stories about individual mortgage crime cases.
Statics by year about real estate fraud.
Quarterly index based on case activity.
Reach mortgage executives, loan originators and other people tied to mortgage industry.
Free mortgage news for prospective borrowers.
Free e-mail newsletter with the latest headlines from MortgageDaily.com.
The latest case activity tracked by FraudBlogger.com for your Web site or for your RSS reader.
Archive of FraudBlogger.com entries going back to 2005. |
|
|
| |
Halfway House Buyers: More Details
|
| |
February 23, 2009
Ex-convicts and public housing residents who were solicited to participate in a $10 million mortgage fraud scheme were told they would be helping save people's home from foreclosure.
David Moore, 40, a defendant in the case is accused of making multiple presentations to halfway house residents as part of his recruitment program. June Persoud, 45, who pleaded not guilty is accused of falsely verifying employment for the straw buyers.
Most of the subprime mortgages purchased in 2006 and 2007 are now in default or foreclosure.
Read story at The New York Times
|
|
|
