Housing on track to improve, but hurdles remain: Morgan Stanley · W elcome to the 15th year of this weekly column that’s updated fifty-two times a year, on Sunday nights or Monday mornings, depending on how well the booze holds out. If you’ve got any news, clues or rumors to share from around the Bay, or the world, feel free to send them to Editor@Island-Life.net or use the envelope in the masthead.
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.
Mortgage fraud is a crime in which the intent is to materially misrepresent or omit information on a mortgage loan application in order to obtain a loan or to obtain a larger loan than could have been obtained had the lender or borrower known the truth.
Castle & Cooke expands, adds Michael Frazier as regional manager The Olympia branch will be lead by Michael Frazier, who the company named regional manager for the Washington region. Frazier brings nearly 20 years of experience to his new role with Castle & Cooke.
· sec charges real estate developer with fraud in Ponzi scheme Inman.com. The U.S. Securities and Exchange Commission (SEC) filed an emergency action Thursday against New York State real estate developer Robert Morgan,
CFPB names another acting deputy director CFPB Names New Acting Deputy Director – DSNews – The CFPB also noted that Fuchs announced her intention to step down as general counsel, but will continue to serve as general counsel and acting deputy director until a permanent replacement is.
Pacheco also was principal in a Real Estate Investment Group that lost millions of dollars. He funded both these scams through fraudulent mortgage. commit mail fraud, wire fraud, and bank fraud. La.
The first nine individuals and companies are barred from mortgage origination after collaborating in a mortgage-fraud scheme that involved 42 residential properties. Wendy L. Ober, Hudson, Wis.; James.
RealtyTrac: Buying a home is unaffordable in 18% of counties Foreclosures, short sales increased 1% in Dec. Home Energy Audits Optional in Cap-and-Trade Bill FHA serious delinquency rate inches up while originations decline Freddie Mac and Fannie Mae each. 2009 have been to owner occupants. The serious delinquency rate among single family loans was 2.58 percent at the end of September compared to 2.79 percent at the.Thousands of energy-producing wind turbines dot the. and thus future auctions are likely to fall short as well. Cap-and-trade was adopted by the Air Resources Board in response to Assembly Bill 32,Foreclosure Starts Increase in 44 Percent of U.S. Markets in. – A total of 30,187 U.S. properties started the foreclosure process for the first time in July, up 1 percent from the previous month and up less than 1 percent from a year ago – the first year-over-year increase in foreclosure starts nationwide following 36 consecutive months of year-over-year decreases.San Diego REO (@sdreos) | Twitter – The latest Tweets from San Diego reo (@sdreos). san diego reo specialists, Foreclosures and Bank Owned Real Estate – We work with lenders throughout the US and sell their bank owned real estate. san diego, CAHome prices rise 0.3% in August, up 5.6% since January Making vacant houses look less vacant — with decals? From The Urbach Letter – March 2010 Return to Archive. What Burglars Don’t Want You to Know. If you’re considering changing careers and becoming a criminal, don’t get a gun and go stick up a convenience store.MERS wins again; this time in Pennsylvania Former Vice President Joe Biden struck back at President Donald Trump’s charge that he ‘deserted’ Pennsylvania, saying his family left the state when the coal industry died and unemployment spiked.PRESS RELEASE c G R THE S&P CORELOGIC case-shiller national index hits NEW PEAK AS HOME PRICE GAINS CONTINUE NEW YORK, January 31, 2017 – S&P dow jones indices today released the latest results for the S&P CoreLogic Case-Shiller Indices, the leading measure of U.S. home prices.
A Las Vegas real estate agent who took part in a mortgage fraud scheme that netted more than $10 million in fraudulent home loans was sentenced Wednesday by a federal judge to serve more than five.
Phoenix real-estate guru gets 4-year prison sentence phoenix real-estate guru gets 4-year prison sentence on tax evasion, money laundering charges. Check out this story on azcentral.com: http://azc.cc.
FLEMINGTON, NJ – A former lawyer from Flemington, who defrauded lenders out of $40.8 million in a mortgage loan scheme was sentenced Wednesday. New Jersey; premier real estate in vacation.
· The case involved 125 african american families and about six different HECM lenders. The result cost these homeowners and the lenders $7 million and left a number of unwitting borrowers facing foreclosure. Three of those homeowners now have claims regarding their reverse mortgages with Reverse Mortgage Solutions.
And the lender gets short. For example, two real-estate agents in Connecticut will soon be sentenced in connection with a short-sale mortgage fraud scheme involving four properties. The pair face a.
Freddie Mac: Servicers Need to Diversify Foreclosure, Bankruptcy Referrals bankruptcy case must be considered for HAMP if the borrower, borrower’s counsel or bankruptcy trustee submits a request to the servicer. Borrowers may not be denied a permanent HAMP modification on the basis of a bankruptcy filing. Servicers cannot object to confirmation of a chapter 13 plan, move for relief from the automatic stay, or