PHOENIX –Jason Thomas Williams, 31, pleaded guilty on Monday to conspiracy to commit wire fraud, related to a mortgage fraud scheme based in Phoenix, Arizona. Three others have also entered guilty … [Read more...]
Mortgage Bankers Lament Loan Repurchases
October 25, 2010 by 3 Comments
Source: Reuters More and more demands are being made of Lenders who sold loans to the secondary market like Fannie and Freddie and Private MBS to repurchase those loans. Those loans may or may not … [Read more...]
When a Notice of Sale is like painting a Bullseye on your back
September 3, 2010 by 3 Comments
Fraud is rampant in any market of desperation. Depending on the analyst we have anywhere from 7 million to 12 million homes that are at risk of going to foreclosure over the next 3 years. So, we have … [Read more...]
Phoenix Real Estate Agent Charged with Lying on Loan Application
August 26, 2010 by Leave a Comment
Copy of Press Release Fast Track Indictment Well, it begins, or did it already begin and many are just now hearing about it? The attached press release from the US Attorney's Office here in … [Read more...]
Double Dip Ahead?
August 12, 2010 by Leave a Comment
By Kate Berry and Sara Lepro Double Dip Ahead? The Home Affordable Modification Program has succeeded in limiting the supply of distressed properties to hit the market and, as a result, has helped … [Read more...]
