Mortgage Scheme

Source: news.yahoo.com --- 17 days ago
Six South Florida residents have pleaded guilty in connection with a Mortgage fraud Scheme that defrauded several financial institutions out of more than $17 million. ...

Source: triangle.bizjournals.com --- 10 days ago
Four Cumberland County residents have been charged with conspiracy and wire fraud in a Mortgage fraud case, the U.S. Attorney’s office in Raleigh said Monday. ...

Source: columbus.bizjournals.com --- 22 days ago
A man who pleaded guilty last year to defrauding banks of more than $600,000 through a Central Ohio Mortgage Scheme was sentenced to more than four years in prison Wednesday. ...

Source: kansascity.bizjournals.com --- 6 days ago
Rick Peterson, a title officer involved in a $16 million Mortgage-fraud conspiracy that targeted former Jackson County executive Katheryn Shields, will spend five years in jail and pay $2,500 in fines for his conviction of wire fraud. ...

Source: www.startribune.com --- 23 days ago
The last of First Rate Mortgage conspirators was sentenced in federal court. ...

Source: www.miamiherald.com --- 48 minutes ago
In an ongoing battle against Mortgage fraud, a pervasive crime in South Florida, two defendants have pleaded guilty in a Scheme involving 25 properties and more than $10 million in fraudulent home loans in Broward County, according to federal prosecutors. ...

Source: www.startribune.com --- 29 days ago
Two more Mortgage fraud defendants pleaded guilty Tuesday in Parish Scheme. ...

Source: www.miamiherald.com --- 6 days ago
Federal law enforcement agents have charged Magile Cruz, who has numerous aliases, in a $24 million Mortgage fraud Scheme involving 79 properties in Miami-Dade and Broward counties. ...

Source: www.detnews.com --- 15 days ago
DETROIT -- A federal grand jury on Wednesday indicted four Dearborn-area men for allegedly running a $1.9 million Mortgage fraud Scheme. ...

Source: www.belfasttelegraph.co.uk --- 1 day ago
The government is considering a series of options including state-backed schemes to help fund new Mortgage lending, which would run alongside but be separate from the successor to the Bank of England's Special Liquidity Scheme (SLS). ...

Source: www.dailypress.com --- 28 days ago
A loan processor from Suffolk pleaded guilty Wednesday in U.S District Court to conspiracy to commit mail and wire fraud. ...

Source: www.northcountrygazette.org --- 17 days ago
ALBANY—The former head of Albany’s Urban League and a community activist has been sentenced to a total concurrent sentence of 63 months in federal prison and ordered to pay $1.95 million in restitution to victims for his role in a Mortgage fraud Scheme. Aaron Dare, 39, of Albany, was sentenced last week by U.S. District [...] ...

Source: www.wickedlocal.com --- 13 days ago
The following is a press release from the office of Attorney General Martha Coakley. A Middlesex Grand Jury returned indictments against a former Somerville real estate attorney in connection with allegedly making false statements on Mortgage applications and associated documents and using the funds secured from the loans for his own purposes, rather than paying off existing loans as directed by the new lenders. Kevin Carey, age 48, of Middleboro, is charged with Larceny over $250 (eight counts) and Willfully Making a False Statement Regarding Financial Condition or Assets (seven counts). Authorities allege that, while practicing as a real estate lawyer in Somerville and Medford, Carey engaged in a Scheme called “Mortgage stacking” on four residential properties he or his family members owned. The Scheme allegedly involved serially refinancing the loans on these properties, without paying off the existing loans. Carey was also the agent for a New England title insurance company which allowed him to issue title insurance policies on Mortgage transactions he processed. Title insurance policies protect lenders in the event that there are defects in the title of the property. Authorities allege that on various occasions between April 2002 through September 2004, Carey performed the functions of closing attorney on Mortgage loans on each of the properties involved. Authorities allege that Carey “stacked” three mortgages on a home in Medfor ...

Source: www.mortgagestrategy.co.uk --- 2 days ago
The Mortgage rescue Scheme proposed as part of the government’s raft of measures to tackle the slump in the housing market has been met with a divided response from brokers and trade bodies. ...

Source: www.24dash.com --- 3 days ago
A detailed study by the Chartered Institute of Housing (CIH) suggests that a nationally funded and administered Mortgage rescue Scheme would offer the most effective and efficient solutions to homeowners faced with Mortgage repayment difficulties and repossession. CIH is proposing a new national ‘vehicle’ for managing the funding and administration of any new rescue Scheme. The administrative benefits of this arrangement would include some of the following: Avoidance of a... ...

Source: www.teletext.co.uk --- 3 days ago
The Government is unveiling a Mortgage rescue Scheme to help people facing repossession stay in their homes. ...

Source: www.24dash.com --- 3 days ago
The National Housing Federation has today hailed the Government’s proposed Mortgage rescue Scheme as a way of saving thousands of households from the nightmare of repossession. The Scheme, originally proposed by the Federation and the Council of Mortgage Lenders, will see not-for-profit housing associations stepping in to buy properties from households at risk of having their homes repossessed, at the fair market rate. The household will then be able to stay in the home either as... ...

Source: www.abajournal.com --- 17 hours ago
A Maryland lawyer who did some legal work for the Metropolitan Money Store pleaded guilty yesterday in connection with a Mortgage fraud Scheme in which homeowners were falsely promised help in avoiding foreclosure. Richard Allison of Camp Springs, also a Census Bureau employee, pleaded guilty yesterday to conspiracy to commit mail and wire fraud, the Washington Post reports. He was accused of being paid to serve as a straw buyer in two transactions that were part of the conspiracy. He faces up to 30 years in prison and a $1 million fine at his sentencing on Sept. 12. Under the… ...

Source: www.chaskaherald.com --- 16 days ago
According to a press release from the United States Attorney's Office a Chaska woman was sentenced today in federal court in connection with a money laundering Scheme involving the theft of more than $2.5 million from the clients of her real estate closing company. Molly L. Heise, 50, was sentenced to 70 months in prison and three years supervised release Aug. 19 in Minneapolis by United States District Court Judge John R. Tunheim. read more ...

Source: www.fox23news.com --- 21 days ago
A community leader who fell from grace is off to prison, and on his way, Aaron Dare apologizes for defrauding people who trusted him. ...