From usatoday.com: Three conspirators in a Valley mortgage-fraud ring say a Mesa minister with a worldwide following masterminded the scheme. A former loan officer, escrow agent and straw buyer who have pleaded guilty as part of a deal with federal authorities say...
It must have been a slow week for real estate news - from the latimes.com: Could today's seductive conditions in the housing market — severely marked-down prices, record low interest rates and hundreds of thousands of foreclosures waiting to be resold — be breeding...
From the Real Estalker.com: YOUR MAMAS NOTES: Yesterday, while mindin' the necessary ps and qs for our discussion about the Thousand Oaks, CA mansion recently leased by phoenix-like pop phenom Britney Spears, we rather randomly ran across another, smaller mansion...
Thanks to the reader who sent this in, from the tampabay.com: Tampa condo owner Alejandro Salazar was surprised to learn that Clearwater lawyer Bruce Harlan was representing him in a foreclosure case. Surprised because Salazar never met Harlan, didn't hire him and...
From HW: Freddie Mac will force parties involved in a short sale to sign affidavits making them liable for their negligent or intentional misrepresentations in the deal, an effort to be sure it's an arms-length transaction, according to guidance released Friday. The...
From the York-Dispatch: A former East Berlin real-estate agent defrauded mortgage lenders of more than $6.2 million by filing false loan applications, then pocketed about $2.3 million of that money, a federal jury in Harrisburg determined this week. Joanne M. Seeley,...
From the latimes.com: Remember the federal tax credit programs offering $7,500 and later $8,000 to first-time home buyers? The credits were designed to deliver a jolt to the reeling housing industry, and they did: More than 4 million people applied for and have...
From iwatchnews.org: In the summer of 2007, a team of corporate investigators sifted through mounds of paper pulled from shred bins at Countrywide Financial Corp. mortgage shops in and around Boston. By intercepting the documents before they were sliced by the...
From msnbc.com: Bank of America has been ordered to pay a former employee $930,000 for violating federal whistleblower protection laws. The Labor Department also ordered the bank to reinstate the worker. The Los Angeles-area employee led internal investigations that...
Thanks to those who commented on the last post about text vs. videos! It feels like working in a vaccum at times, because not that many people leave comments (which is fine). If you have thoughts on the blog material or direction, feel free to comment - I think there...
