Deepening slump envelops factory sector
NEW YORK (Reuters) - Losses from mortgage fraud such as lying on loan applications and inflated appraisals will cost the industry about $2.5 billion annually for several years, according to a ...
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mortgage fraud March 27th, 2008
A Centennial man has been sentenced to more than 12 years in federal prison for mortgage fraud, federal officials said Wednesday.
Torrence James, 44, pleaded guilty on Jan. 10 to wire fraud and money laundering charges ...
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Colorado Attorney General John Suthers on Monday announced indictments against 10 individuals who allegedly participated in a large mortgage-fraud operation.
Those indicted face 29 charges, including theft, forgery, computer crime and violations of the Colorado ...
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The House of Delegates overwhelmingly passed bills yesterday creating a criminal statute allowing authorities to prosecute mortgage fraud and prohibiting "foreclosure rescue transactions," in which homeowners are tricked into signing over residences to third parties.
Read ...
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For the second year in a row, Florida earned the dubious distinction of ranking first in the nation in mortgage fraud, according to a study released Thursday by the Mortgage Bankers Association, a trade group, ...
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Activity up elsewhere; Minnesota sees drop
Minnesota ranks 10th in the country for reported mortgage fraud, down from its No. 5 spot a year earlier but high enough to indicate the problem remains coast to coast ...
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