Latest news from http://www.mortgagebiznews.com http://www.mortgagebiznews.com http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFckkczH9TgQKSuX7wxNWD1XwCA8A&url=http://www.allgov.com/Top_Stories/ViewNews/New_York_Sues_3_Major_Banks_over_Mortgage_Fraud_120206 Mon, 06 Feb 2012 07:46:23 -0500 AllGovNew York Sues 3 Major Banks over Mortgage FraudAllGov... with the banks over their illegal and unethical foreclosure practices, contending that the proposed deal is too generous to the banks and would make it difficult to bring future actions against them. New York Sues 3 Major Banks over Mortgage Fraud.NY AG Sues BofA, Wells Fargo, JPMorgan Chase over Mortgage FraudJDJournal.comNY Attorney General Launches Major Mortgage Fraud Suit Against Bank Of America ...Business InsiderCalifornia... tag:news.google.com,2005:cluster=http://www.allgov.com/Top_Stories/ViewNews/New_York_Sues_3_Major_Banks_over_Mortgage_Fraud_120206 40.75 -74.1 http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFaD9j--4SJMAgsuDWlryHWO2qVYQ&url=http://www.heraldtribune.com/article/20120205/ARTICLE/120209715 Sun, 05 Feb 2012 18:35:46 -0500 Drama in the wings as flipping fraud trial beginsSarasota Herald-Tribune"This is one of the largest mortgage fraud cases in the district — if not in the country," said Latour "LT" Lafferty, a Tampa criminal defense attorney who represented Bobka for a short period in 2010. "It captures the essence of boomtime greed in the ...and more » tag:news.google.com,2005:cluster=http://www.heraldtribune.com/article/20120205/ARTICLE/120209715 28 -82.59 http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHSA37ZSPHiWmG3x675sxNRXl40FA&url=http://www.myrtlebeachonline.com/2012/02/04/2641146/courthouse-notebook-fbi-turns.html Sat, 04 Feb 2012 16:06:36 -0500 Courthouse notebook | FBI turns tables on mortgage fraud informantMyrtleBeachOnline.comVaught – the former owner of the now-closed G&E Home Sales on US 501 in Conway – and his accomplice, former mortgage broker Michael Fortenberry, are scheduled to be sentenced on Wednesday in federal court in Florence for their roles in a mortgage fraud ... tag:news.google.com,2005:cluster=http://www.myrtlebeachonline.com/2012/02/04/2641146/courthouse-notebook-fbi-turns.html http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHn_n_ovzaASS0UpcZsW9LShqYScA&url=http://www.montrealgazette.com/news/canada/Montreal+mortgage+scam+yields+fraud+charges/6102984/story.html Sat, 04 Feb 2012 12:20:25 -0500 Montreal mortgage scam yields fraud chargesMontreal GazetteThe RCMP warn that mortgage fraud "is a form of crime increasingly observed by police." According to several civil court decisions since 2008, Quan has been involved in real estate transactions that have resulted in lawsuits where property owners have ...and more » tag:news.google.com,2005:cluster=http://www.montrealgazette.com/news/canada/Montreal+mortgage+scam+yields+fraud+charges/6102984/story.html 45.54 -73.65 http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHdioaQuNNfAAihdb83KX-abeMA7A&url=http://www.cleveland.com/beachwood/index.ssf/2012/02/beachwood_man_pleads_guilty_to.html Sat, 04 Feb 2012 09:05:02 -0500 Plain DealerBeachwood man pleads guilty to mortgage fraudPlain DealerBy Faith Boone, Sun News Two defendants, along with three companies, pled guilty to mortgage fraud crimes covering over 500 real estate transactions totaling $50 million, $44 million in fraudulent loans and $31 million in profits. tag:news.google.com,2005:cluster=http://www.cleveland.com/beachwood/index.ssf/2012/02/beachwood_man_pleads_guilty_to.html http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNGgdJtE_KUFUfpB0D7TFRYnOPyFOQ&url=http://www.startribune.com/local/south/138658774.html Sat, 04 Feb 2012 05:06:06 -0500 Hastings couple admit guilt; son won't be chargedMinneapolis Star TribuneJim and Teresa Hoffman admitted to living off the proceeds of a mortgage fraud and equity-skimming scheme that cost lenders more than $5 million. Given the choice between a nearly certain prison sentence and seeing their 24-year-old son charged in a ...Stillwater couple pleads guilty to mortgage fraud, tax evasionPioneer Pressall 3 news articles » tag:news.google.com,2005:cluster=http://www.startribune.com/local/south/138658774.html 44.92 -93.31 http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEAUoQk-qdR-QKKtExTIWTRnuVLzA&url=http://www.startribune.com/local/south/138690019.html Fri, 03 Feb 2012 22:04:32 -0500 CBS LocalRingleader of mortgage fraud scheme sentenced to 6-year termMinneapolis Star TribuneThe ringleader of a $2.2 million mortgage fraud ring was sentenced this week to six years in prison and ordered to repay nearly $1 million to two companies. Michael Hudalla, 45, of Mendota Heights, who pleaded guilty to two counts of racketeering, ...Man Sentenced To 75 Months For Mortgage FraudCBS LocalThree Mortgage Officers Sentenced to Federal PrisonHousing Predictorall 2 news articles » tag:news.google.com,2005:cluster=http://www.startribune.com/local/south/138690019.html 44.92 -93.31 http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHx2iJ69ArpOuE_CFHZYCER_eQY_A&url=http://www.katc.com/news/family-members-sentenced-in-mortgage-fraud-scheme Fri, 03 Feb 2012 19:37:54 -0500 Family members sentenced in mortgage fraud schemeKATC Lafayette NewsTwo men are sentenced in a family mortgage fraud scheme. Blake Alexander, 27, of Lafayette is sentenced to 18 months for his involvement which resulted in about $1.3 million loss for financial lenders, US Attorney Sarah R. Saldaña of the Northern ... tag:news.google.com,2005:cluster=http://www.katc.com/news/family-members-sentenced-in-mortgage-fraud-scheme http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNF-O4UitSwelHNUL5P5EiQEo5EmHw&url=http://www.fbi.gov/miami/press-releases/2012/miami-family-charged-with-multi-faceted-mortgage-fraud-scheme Fri, 03 Feb 2012 18:22:15 -0500 Miami Family Charged with Multi-Faceted Mortgage Fraud SchemeFederal Bureau of Investigation (press release)This case is the result of the cooperative law enforcement efforts of the members of the Mortgage Fraud Strike Force. Created in June 2008 and led by the US Attorney's Office, the Mortgage Fraud Strike Force brings together federal, state, ... tag:news.google.com,2005:cluster=http://www.fbi.gov/miami/press-releases/2012/miami-family-charged-with-multi-faceted-mortgage-fraud-scheme 25.83 -80.27 http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE301p7ySSgJ3XfFeTtTUlRm7Oo4w&url=http://www.boston.com/yourtown/news/weston/2012/02/weston_couple_indicted_in_conn.html Fri, 03 Feb 2012 18:16:21 -0500 Weston couple indicted in public housing, mortgage fraudBoston.comBy Shivaji Mudambi, Globe Correspondent A Weston couple have been charged with fraudulently obtained tens of thousands of dollars in Section 8 public housing subsidies and defrauded mortgage lenders of more than $250000 dollars, the attorney general's ...Couple From Weston Charged for Connections With Section 8 Public Housing Fraud ...LoanSafeall 13 news articles » tag:news.google.com,2005:cluster=http://www.boston.com/yourtown/news/weston/2012/02/weston_couple_indicted_in_conn.html 42.38 -71.1