5 Defendants Sentenced For Cash Back Scam Five defendants have been sentenced in connection with a mortgage fraud scam involving ten conspirators. The following defendants have been sentenced to date: Derek Edward Sawyer was sentenced to 18 months in prison on April 26, 2011. Rigoberto Monroy-Par
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03/06/2012
Loan Officer Indicted for Mortgage Fraud Conspiracy Rex Adams, 52, Tucson, Arizona, has been indicted on four charges of Conspiracy to Commit Wire Fraud, Wire Fraud, and False Statement to Influence a Financial Institution. At the time of the allegations in this indictment, Adams worked as a ma
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03/06/2012
Financial Planner Sentenced to 41 Months in Prison for Stealing More Than $2 Million from Clients U.S. Attorney’s Office March 06, 2012 Southern District of Ohio (937) 225-2910 Financial, Fraud, Press Release, White-Collar Crime CINCINNATI—Financial planner and investment advisor Elliot Kravit
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03/06/2012
#1560 When funds are sought for single family mortgage loans those funds are usually provided by secured collateral in the form of treasury notes or existing equity in residential or commercial property. Is this true or false ? Take your time.
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03/05/2012
#1559 If the Federal Reserve Board buys government securities from investment securities groups on the open market the supply of available money will decrease. Is this fact true or false ? Take your time. The solution is posted below the
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03/05/2012
#1558 Whenever you see borrowing activity slowing and interest rates falling the banks are facing a period of slowdown that causes them to lend less. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. Fa
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03/05/2012
#1557 A man is seeking a loan to buy a parcel of land. He also wants a construction loan after the land has been acquired. When the mortgage for the land is taken out the purchaser need to include a wraparound clause in the mortgage for the land. Is
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03/05/2012
#1556 The main reason licensing is required to practice real estate is because of the fact that a substantial amount of revenue can be raised for the state and reduce the tax liability among it's citizens. Is this true or false. Take your time.
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03/05/2012
#1555 If you forget to renew your real estate license your violating a state law and can be fined. Is this true or false ? Take your time. The solution is posted below the wildlife photo. A. False Your not violating the law if you don't renew yo
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03/05/2012
#1554 During a title search the attorney discovered that an heir to an estate had not properly signed a deed before the property was transferred. This defect of title could most likely be cured by a letter of estoppel. Is this true or false ? T
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03/05/2012
