Mortgage Fraud News and Updates from HousingWire
Mortgage Fraud is generally categorized in one of two ways: fraud for profit and fraud for property.
www.housingwire.comI currently don’t have live access to up-to-the-minute news feeds in this chat, but I can share the latest publicly reported context on mortgage fraud trends and where to look for fresh updates.
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Context and trends (high-level)
Would you like me to pull the latest headlines from a few top outlets and summary bullets? If you want, I can also present a short, current-events table and point you to official sources for ongoing updates.
Mortgage Fraud is generally categorized in one of two ways: fraud for profit and fraud for property.
www.housingwire.comAttorneys, Loan Brokers, Accountants Throughout 4 States Among Those Charged in the Scheme
www.cbsnews.comWhile Congress and the Bush administration are focusing on bailing out struggling homeowners and financial companies, another group of federal officials are going after the people who helped propel the country into the mortgage crisis.
money.cnn.comChicago, IL–(ENEWSPF)– Federal law enforcement officials announced today that 24 defendants, most of whom are professionals in the mortgage loan industry – including mortgage brokers, loan officers, loan processors, attorneys, accountants, an appraiser, and a banker – were named in 10 indictments charging them with federal offenses relating to mortgage[Read More...]
www.enewspf.com400 Real Estate Industry Players Indicted; Victims Lost More Than $1 Billion In Various Schemes
www.cbsnews.comU.S. stocks, Saudi stocks, stock trading and investment platforms
www.sahmcapital.comUndisclosed real estate debt and transaction fraud risks increased the most in the second quarter, according to Matt Seguin, a senior principal for product management at Cotality.
www.insidemortgagefinance.com