Mortgage and Financial News From 2010-5-8 Page 01
Previous Day: 2010-05-07
Return to the mortgage news archive home.
Page: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15
16 17 18
-
Mortgage fraud Ponzi schemer gets 25 years in prison - Atlanta Journal Constitution
Edward William Farley, 47, of Hoschton, fraudulently inflated the value of homes purchased ... Farley pleaded guilty on Nov. 5 to a variety of charges, including bank fraud, bankruptcy fraud and conspiracy involving mortgage fraud, the U.
2010-05-04 03:25:00 -
Man in eviction looting accused in giant mortgage fraud - WBBM
... police say Calvin Townsend ... Wells Fargo Bank. The bank’s representative, from Applebrook Realty in Chicago, allowed Townsend to remain in the residence until noon on April 28 to remove personal belongings. But when a bank representative
2010-05-03 06:54:00 -
BMO sues over massive mortgage fraud - Global TV.com
Bank of Montreal is suing lawyers, brokers and some of its own employees for an alleged $140-million mortgage scam that may have involved hundreds of people, CBC News reported on Wednesday ... According to the CBC, the ringleaders lined up “straw ...
2010-05-06 08:57:00 -
Analysis: Recent market turbulence could help build support for financial ... - The Republic
Analysis: Recent market turbulence could help build support for financial ...The RepublicThe Dow Jones industrials' 1000 point nosedive the day before, along with Europe's spreading debt crisis and fraud charges against Goldman Sachs, ...and more »
2010-05-08 09:37:15 -
Legal Briefing: Execs at Faith-Based Integrity Bank Charged With Fraud - DailyFinance
Legal Briefing: Execs at Faith-Based Integrity Bank Charged With FraudDailyFinanceHowever, given all the information that has come out about how mortgage securities were rated -- processes that have given rise to fraud charges -- I wonder ...and more »
2010-05-08 12:57:55 -
Official under investigation of false claim - Highlands Ranch Herald
Official under investigation of false claimHighlands Ranch HeraldTed Harvey was the subject of a mortgage fraud probe is now under investigation. Erin Toll, director of the Colorado Division of Real Estate, ...and more »
2010-05-08 05:08:04 -
I lured 300 police investors boasts £35m 'mini Madoff' - Express.co.uk
Express.co.ukI lured 300 police investors boasts £35m 'mini Madoff'Express.co.ukThe Serious Fraud Office doubted Foster's claim that 300 police officers invested in KF Concept, but confirmed “some” were among the 8500 victims. ...and more »
2010-05-08 06:08:54 -
Editorial: Mortgage-fraud crackdown - Providence Journal
Editorial: Mortgage-fraud crackdownProvidence JournalA new task force created to fight mortgage fraud in Rhode Island should find plenty to do. A study by the Mortgage Asset Research Institute (MARI) ranked ...
2010-05-08 11:12:13 -
She signed away her farm - Lancaster Newspapers
Lancaster NewspapersShe signed away her farmLancaster NewspapersBut after paying more than $159000 in settlement charges, paying off a $164000 mortgage with Bank of Lancaster County and another $100000 mortgage with the ...
2010-05-08 11:39:14 -
Website comment poster unknown - Nashua Telegraph
Website comment poster unknownNashua TelegraphIn 2008, it posted a story about Mortgage Specialists being investigated by banking officials for allegations of fraud, including forging signatures and ...
2010-05-08 11:42:18 -
LIAR LOANS AND THE THIEVES THAT MAKE THEM - NewsWithViews.com
LIAR LOANS AND THE THIEVES THAT MAKE THEMNewsWithViews.comIn essence, Professor Black says existing regulations were ignored by everyone who knew about the subprime mortgage fraud – the FBI reported the problem to ...and more »
2010-05-08 11:56:27 -
Ringleader of Va. mortgage fraud gets 5 years
Associated Press - May 7, 2010 10:35 AM ET ALEXANDRIA, Va. (AP) - The ringleader of a mortgage fraud scheme involving dozens of homes in northern Virginia and losses of at least $9 million has...
2010-05-07 09:51:02 -
Bank of Montreal says MP Shory not included in mortgage fraud allegations
Legal counsel for the Bank of Montreal told a Calgary court on Friday that none of the lawyers named in a massive lawsuit over alleged mortgage fraud is being accused of actively taking part in the scheme.
2010-05-07 05:16:02 -
Massive paper trail seized over BMO mortgage fraud suit
Computers, cellphones, duffel bags and suitcases stuffed with documents have been seized from the residences of Albertans connected to allegations of massive mortgage fraud.
2010-05-07 11:07:26 -
Rare search granted in mortgage fraud case
A rare court order in a civil lawsuit over an alleged multimillion-dollar mortgage fraud scheme granted searches and evidence seizures without advance notice, it was revealed in a Calgary court.
2010-05-07 11:14:46