Unfortunately, real estate fraud scams can steal these dreams with a single forged signature or get-rich-quick scheme. This type of crime can have a serious impact on its victims. As a result, the District Attorney’s Real estate fraud unit is dedicated to prosecuting fraudulent real estate transactions.
MGIC: Primary new mortgage insurance continues to drop Mortgage servicing faces billion-dollar secondary crisis U.S. Faces 'Growing Crisis' in Housing Supply | Mortgage. – "Working households are less likely to own their homes, due partly to the lingering effects of the foreclosure crisis, as well as the difficulties that many low- and moderate-income households have qualifying for a mortgage and saving enough money for a down payment," said NHC Vice President of Research Lisa Sturtevant.MILWAUKEE, June 8, 2015 /PRNewswire/ — MGIC. for their primary mortgage insurance. The summary is also available on the company’s website at http://mtg.mgic.com, under Investor Information, Press.
· how do I report a real estate agent for fraud? Find answers to this and many other questions on Trulia Voices, a community for you to find and share local information. Get answers, and share your insights and experience.
A former Colorado real estate agent has been sentenced to five years in prison for orchestrating a multimillion-dollar mortgage fraud scheme, but is free on bond pending an appeal.
GSEs release guidance on HARP changes I want to remind all participants that our earnings release. through HARP. Additionally, approximately 12% of the risk in force has been modified through HAMP or other loan modification programs..
Real estate investor gets 7 years in $15M mortgage fraud scheme – They then caused the sales prices for the properties-located in Wildwood Crest and North wildwood. good credit scores but lacked the financial resources to qualify for mortgage loans. The.
Fannie Mae sells off $26 million in NPLs to nonprofit Fannie Mae sells off $26 million in NPLs to nonprofit Housing nonprofits march in step with returning soldiers To take a step back and. of barriers to housing for people of extremely low incomes and has pretty creative ideas around that and shown real interest," said Colleen Carmichael, executive director.Rental demand to grow by 6.6 million.NASDAQ experiences system error The Zacks Analyst Blog Highlights: Google, Microsoft, Facebook, Apple and Twitter – Press Releases – It could take a while to get from prototype to production, since the company has little hardware experience. But Google has been working. in this case because there may have been an error. A.
Real Estate Agent Charged with Running $15M Investment Scam Allison Tussey – August 23, 2013 – Leave a comment Brenda Ashcraft , 43, Milford, Ohio, is charged with defrauding investors of at least $15 million between 2009 and 2013 in a scheme to purchase and sell real estate through real estate investment trusts, known as REITs.
Burlington County, New Jersey Man Sentenced to 54 Months in Prison for Wire Fraud, Money Laundering. A Burlington County, New Jersey man has been sentenced to 54 months in prison for his role in a mortgage fraud scheme that caused $2.7 million in losses.
County records show the scam has left a glut of vacant properties in its wake. How a Ponzi scheme used Flint homes to fleece $15M from realty investors. on a program that could help them make millions of dollars in real estate.. "You tell a Californian you can get a house for $30,000 and you're like.
Every year home buyers and real estate professionals alike lie or commit crimes that involve real estate mortgages. mortgage fraud can take a number of forms, although there are consumer.
Mortgage fraud at highest level in seven years: Report There are several reasons, including the fact that many prospective borrowers are finding it harder to qualify for.
Fannie plans DU system updates to correctly document pre-foreclosures On July 29th, 2014 Fannie Mae made an unprecedented move to loosen up waiting period for borrowers that included mortgage debt in a bankruptcy.. This update, effective immediately affects the waiting period for any foreclosure, short sale or deed in lieu of foreclosure that occurred after the mortgage debt was discharged through a bankruptcy.