Unlicensed finance company president found guilty of operating mortgage fraud scheme
The president of a mortgage foreclosure consultant company was convicted of 100 felony counts for operating a mortgage fraud scheme in California.
Read Moreby Amy Platero | May 25, 2023 | Mortgages, Real Estate, Recessions | 0
The president of a mortgage foreclosure consultant company was convicted of 100 felony counts for operating a mortgage fraud scheme in California.
Read Moreby Amy Platero | Apr 27, 2023 | Fundamentals, Licensing and Education, Mortgages, Real Estate | 1
This article is part of an ongoing series covering violations of real estate law. Here, the California Department of Justice (DOJ) sentenced a broker to 5 years and 4 months in prison and ordered him to pay restitution for creating forged and fraudulent records to obtain more than $8 million in mortgages for his clients in order to earn fees for himself.
Read Moreby Ashley Collins | Dec 8, 2022 | first tuesday Local, Mortgages, Real Estate | 0
When the real estate market goes low, mortgage fraud goes high!
Read Moreby Bethany Correia | Aug 15, 2022 | Real Estate, Video | 2
This video discusses common mortgage relief scams mortgage loan originators are likely to encounter in their business.
Read Moreby ft Editorial Staff | Mar 4, 2022 | Loan Products, Mortgages, Real Estate, Video, Your Practice | 0
This video finishes our discussion regarding common mortgage fraud schemes mortgage loan originators are likely to encounter in their business.
Read Moreby ft Editorial Staff | Feb 25, 2022 | Feature Articles, Loan Products, Mortgages, Real Estate, Video, Your Practice | 0
This video continues discussing common mortgage fraud schemes mortgage loan originators are likely to encounter in their business
Read Moreby ft Editorial Staff | Feb 18, 2022 | Feature Articles, Loan Products, Mortgages, Real Estate, Video, Your Practice | 0
This video discusses common mortgage fraud schemes mortgage loan originators are likely to encounter in their business.
Read Moreby Carrie B. Reyes | Nov 15, 2021 | Finance, Real Estate | 3
The share of mortgage applications with indications of fraud was up 39% from a year earlier in California.
Read Moreby Bethany Correia | Aug 24, 2020 | Real Estate, Recent Case Decisions | 0
WFG National Title Insurance Company v. Wells Fargo Bank, N.A.
Read Moreby Benjamin J. Smith | Feb 12, 2020 | Real Estate | 0
This article is part of an ongoing series covering violations of real estate law. Here, brokerages engaged in MLO activities to defraud homeowners looking to refinance their mortgages.
Read Moreby Benjamin J. Smith | Feb 3, 2020 | Real Estate, Recent Case Decisions | 0
People v. Schmidt Facts: The owner of a company claiming to help homeowners avoid foreclosure...
Read Moreby Benjamin J. Smith | Apr 29, 2019 | Licensing and Education, Real Estate | 0
A review of the Spring 2019 DRE Real Estate Bulletin.
Read Moreby Benjamin J. Smith | Dec 11, 2018 | Finance, Real Estate | 0
A recent DRE publication sounds the alarm about wire transfer fraud — what other kinds of fraud should you be worried about?
Read Moreby Carrie B. Reyes | Oct 1, 2018 | Finance | 0
The danger of mortgage fraud continues to increase in 2018.
Read Moreby Sarah Kolvas | Sep 20, 2015 | Finance, Laws and Regulations, Real Estate, Your Practice | 0
This article discusses the identity theft prevention program which mortgage loan originators...
Read Moreby ft Editorial Staff | Aug 24, 2015 | Forms, Real Estate | 0
Form-of-the-Week: Owner-Occupancy Rider – Form 202-3 Prevention of mortgage application fraud...
Read Moreby Matthew Shade | Nov 13, 2013 | Laws and Regulations, Real Estate, Recent Case Decisions | 0
A borrower refinanced their home loan. The lender forged the borrower’s signature on multiple loan documents. The borrower informed the lender of the forgery…
Read Moreby Jeffery Marino | Oct 24, 2013 | Real Estate | 1
A jury found Bank of America (BofA) and Countrywide senior executive, Rebecca Mairone liable for mortgage abuse.
Read Moreby Jeffery Marino | Oct 24, 2013 | Real Estate | 0
Chase settles with the DOJ for $13 billion. The Washington Post calls it the result of “populist pressure.”
Read Moreby Matthew Shade | Oct 16, 2013 | Real Estate | 0
On Wednesday, October 2, New York Attorney General, Eric Schneiderman, filed a lawsuit against Wells Fargo.
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