Mortgage and Financial News From 2009-6-25 Page 01

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  • Feds allege mortgage fraud in 5 Chicago schemes - Chicago Tribune

    Promising to continue to make the investigation of mortgage fraud a priority, federal authorities in Chicago announced charges in five schemes on Tuesday that involved properties ranging from dilapidated houses on the South Side to pricey ...
    2009-06-23 09:46:00
  • Former loan officer admits $1.4M in fraud - The Newark Advocate

    Former loan officer admits $1.4M in fraudThe Newark Advocate... of more than $1.4 million through a mortgage-fraud scheme, according to a press release from the US Attorney's Office and the Internal Revenue Service. ...and more »
    2009-06-23 05:56:54
  • Feds get tough on mortgage scammers - Connecticut Post

    Feds get tough on mortgage scammersConnecticut PostIt also created a nationwide mortgage fraud task force modeled after a task force in Miami-Dade County, where mortgage scammers such as Martin ran amok ...and more »
    2009-06-25 12:02:39
  • Fraud charges go forward - The Jackson Citizen Patriot - MLive.com

    Fraud charges go forwardThe Jackson Citizen Patriot - MLive.com... others and found there was probable cause to believe Snellenberger, head of security at Jackson High School, was involved in a mortgage fraud scheme. ...and more »
    2009-06-25 09:08:15
  • Former Puebloan indicted on mortgage fraud charges - Pueblo Chieftain

    Former Puebloan indicted on mortgage fraud chargesPueblo ChieftainDENVER - A suburban Denver real estate agent and another man are accused in a federal indictment of mortgage fraud involving about $1 ...and more »
    2009-06-25 01:44:00
  • Trends in real estate fraud outlined at summit - San Jose Mercury News

    Trends in real estate fraud outlined at summitSan Jose Mercury NewsElaine Brooks-Cox, of Pacific Community Services Inc. in Pittsburg, said her agency sees significant mortgage fraud involving the elderly. ...and more »
    2009-06-24 06:18:32
  • Three former Portland-area mortgage brokers face fraud charges - OregonLive.com

    Three former Portland-area mortgage brokers face fraud chargesOregonLive.comThe three cases were the latest in a wave of mortgage fraud prosecutions across the country that have come to light since the real estate boom has turned to ...and more »
    2009-06-25 09:40:32
  • Retirement Living TV Empowers Mature Adults to Protect Themselves ... - TMCnet

    BALTIMORE, MD, Jun 25, 2009 (MARKETWIRE via COMTEX) -- Retirement Living TV (RLTV) announces its first acquisition, an innovative and gripping series called "Fraud Squad TV." It is dedicated to the prevention and awareness of fraud towards 50+ adults ...
    2009-06-25 07:49:00
  • KBW Announces Changes to KBW Bank Index (BKX), KBW Insurance Index ... - StreetInsider.com

    KBW, Inc. is the parent of Keefe, Bruyette & Woods, Inc., Keefe, Bruyette & Woods Limited and KBW Asset Management. Keefe, Bruyette & Woods, Inc. is a full service investment bank specializing in the financial services industry. Founded in 1962, it ...
    2009-06-25 03:32:00
  • Lakeville woman accused in theft case - KARE

    HASTINGS, Minn. -- A Lakeville woman faces charges of stealing $220,000 while working as an independent closer for a title and real estate company in Burnsville. Dakota County Attorney James Backstrom said 49-year-old Kuntee Singramdoo is charged ...
    2009-06-25 08:11:00
  • The Dangers of Fannie Mae Health Care - Wall Street Journal

    The Dangers of Fannie Mae Health CareWall Street JournalPresident Obama and most congressional Democrats say they want to preserve private health insurance. They also want to add a "public plan" ...and more »
    2009-06-25 09:31:33
  • Connie Oliviero of Marvin Kaplan Insurance Agency, Inc. - New England Real Estate Journal Online

    Connie Oliviero of Marvin Kaplan Insurance Agency, Inc.New England Real Estate Journal OnlineWe often receive inquiries from mortgage brokers or real estate brokers requesting homeowner's insurance based on the "selling price. ...and more »
    2009-06-25 04:13:26
  • Feds get tough on mortgage scammers - Stamford Advocate

    currently, according to Rachel Dollar, a California-based attorney who specializes in fraud recovery litigation. And they're expected to soon get harsher. Last month, Congress passed new legislation strengthening prosecutors' ability to fight fraud ...
    2009-06-25 11:28:00
  • $8,000 reasons to buy a first Florida home - News-Sun

    The benefits of buying a home just got better, especially for first-time homebuyers. Why? Because Uncle Sam is going to give them more bang for their bucks, according to the Lake Placid Board of Realtors. Here's how: First-time buyers can take ...
    2009-06-25 05:05:00
  • New housing regulations could cost consumers more - WRAL

    Raleigh, N.C. — The national mortgage crisis is hitting appraisers, like David Cozzarelli, of Apex, in ways they never imagined. "What it did, effective May 1, is about 40 percent of my business went away," Cozzarelli said. That's when new rules ...
    2009-06-25 05:40:00