Home Buyer News

The Home Equity Theft Reporter: Mortgage Broker, Attorney, Loan Officer Sentenced In South Florida Scam Resulting In $37+M In Fraudulently Obtained Mortgages

Bank Pay Day Loans Payday loans (and certain other financing) offered to servicemembers and their dependents must include certain protections, under Federal law and a Department of Defense rule. For example, for payday loans offered after October 1, 2007, the military annual percentage rate cannot exceed 36%.

The owner of a florida mortgage company was sentenced today to serve 135 months in prison for orchestrating a $64 million mortgage fraud scheme.. Division, U.S. Attorney Wifredo A. Ferrer of the Southern District of Florida. included loan officers, loan processors and underwriters, were convicted of.

Mortgage Truth by Michael Smele, a Mortgage Agent in Barrie, Ontario. I will get you the best the best mortgage loan and making all your mortgage Mortgage License: M08005420 Mortgage Broker License: 11707. Verico The Mortgage Station, 1370 Killarney Beach Road, Lefroy, Ontario, L0L 1W0.

Federal and State Agencies Stop Phony Mortgage Relief Schemes Redirect mortgage payments; stop making loan payments; If the answer to either question is Yes, then report the possible scam. Call (888) 995-hope (4673) (with your permission the complaint will be shared with federal and state enforcement agencies). This campaign is designed to help you take charge of your situation, and shield you from.

Belfort used to call himself “The Wolf of Wall Street,” just like the title of his autobiographical. Pfeiffer’s character, Tally Atwater, was a young and ambitious reporter, who had dreams of.

Man Charged In Mortgage Fraud Scheme. Man Sentenced Fraudulently Purchasing Three Homes Using Bad Checks. Readers who have particular questions about mortgage banking, mortgage fraud matters or who believe they require legal counsel should seek the advice of an attorney.

You need a mortgage for a new home purchase or to refinance your existing home loan. It’s easy enough to find a lender, either online or through referrals from realtors, friends If a loan officer is not very knowledgeable, there could be mistakes made resulting in a loan denial or additional conditions.

imprisonment as a result of a $2 million bankruptcy fraud scam.. (HUD) OIG reviewed four FHA single-family mortgage lenders.. Louay M. Kahale, owner of Marquee Mortgage and a former loan officer at. deported to South America.. U.S. District Court, Miami, FL, for their earlier guilty pleas to theft of.

Former newspaper publisher charged in $10 million mortgage fraud conspiracy Former Bank Vice President Sentenced to 10 Years in Prison for Mortgage fraud scheme loan fraud scheme cripples community bank with More Than $10 Million in Losses U.S. Attorney’s Office January 28, 2013

It extends to mortgage brokers and loan officers who act as a liaison between the homeowner and the Mortgage Servicing Scams: After closing your loan you may be told you owe certain fees, or Equity stripping is another mortgage scam where a bank or lender will encourage a homeowner to.

Refinancing your current mortgage loan could result in the total finance charge to be higher over the life of the loan. First Home Mortgage Corporation is licensed in Connecticut, Delaware, District of Columbia, Florida, Georgia Residential Mortgage Licensee (Lic.

Ocwen Financial Corporation is a national provider of loan servicing for lenders. It is headquartered in Florida and has offices in several states.

Related posts