| |
|
|
|
|
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. |
|
|
| |
|
| |
March 16, 2009
A mortgage broker and a homeowner will be the first two to be arrested and charged with a mortgage fraud crime under a new fraud prevention law passed in 2007.
North Carolina residents Sherman Leon Simmons, 43, and Mary Chambers Minor, 53, were charged with obtaining property by false pretense and residential mortgage fraud. Simmons, an independent mortgage broker assisted homeowner Minor in taking out a $62,000 loan against Minor's home. Instead of paying off debts Minor owed, they pocketed the money.
The pair were being held on $1,500 bond each.
Find out more at WXII 12 News
|
|
|
