Mortgage fraud

• A task force is a fickle thing.
(Huffington Post)
• BIRMINGHAM, Alabama -- The owner of a Birmingham property title company was sentenced Monday to 12 months and a day in prison for mail fraud in connection to a mortgage fraud scheme, the U.S Attorneys Office announced today.
(Everything Alabama Blog)
• GARDEN CITY, N.Y. (AP) — A New York man called a prime architect of a massage mortgage fraud involving mostly Hamptons properties has been sentenced to 4 to 12 years in prison.
(Syracuse Post-Standard)
• Consumer credit company Equifax uncovered roughly $400 million worth of mortgage fraud in Canada last year, an eye-opening number industry experts estimate represents only a fraction of the cheating taking place in the countrys real-estate market.
(The Vancouver Sun)
• The Bakersfield area has the fourth-highest mortgage fraud risk of any real estate market in the nation, according to an Agoura Hills company that assesses risk for lenders and investors.
(Bakersfield Californian)
• Four Palm Beach County residents and one Port Saint Lucie man were charged last week in a mortgage fraud scheme federal investigators said involved $8 million in loan proceeds and 17 homes.
(Palm Beach Post (blog))
• Consumer-credit company Equifax uncovered roughly $400 million worth of mortgage fraud in Canada last year, an eye-opening number industry experts estimate represents only a fraction of the cheating taking place in the countrys real-estate market.
(Calgary Herald)
• In a speech at Columbia University, Mr.
(New York Times)
• wire fraud, conspiracy to commit money laundering and other charges involving an alleged mortgage loan fraud. Elegado, whose image is on bus benches and signage around Mira Mesa, is known as an expert in real estate short sales in San Diego County.
(msnbc.com)
• Flagstar Bancorp Inc. has agreed to pay $133 million to settle claims its mortgage unit engaged in fraudulent lending practices. The U.S.
(ClickOnDetroit.com)