fbi: RALPH ROBERTS Fixing the System REAL ESTATE FRAUD 2010
- 02/04/10 03:24 AM
I posted this blog on ActiveRain in October of 2006. With Mortgage Fraud eroding today's real estate world like locust devouring a jungle, these words bear repeating today. Fixing the System (ActiveRain, October 2006) "Con artists will always find ways to exploit vulnerabilities in the system, but the system can fight back. My BLOG FLIPPINGFRENZY.COM reveals how everyone involved in real estate--from buyers and sellers to real estate professionals to law enforcement officers and regulators, all the way up to government officials--can work together to close the loopholes and make the system less vulnerable to fraud. By being honest and vigilant and … (1 comments)
fbi: Learn the Secrets to Success at RISMedia’s Leadership Conference
- 08/26/08 03:32 PM
Building an Agent Team from the Ground up - Learn the Secrets to Success at RISMedia's Leadership Conference Posted By Paige On August 26, 2008 @ 4:09 pm In Today's Top Story | Comments Disabled
RISMEDIA, August 27, 2008-There's been so much talk about agent teams recently. Are they good for the industry? Are they bad for the broker? Regardless of the answer, they're popping up everywhere-from small towns to giant metros. Big or small, these mini-powerhouses have changed the way practitioners work with their buyers and sellers. Jacky Teplitzky, managing director, Prudential Douglas Elliman is one of three panelists … (0 comments)
fbi: Real Estate @ Mortgage Fraud Statistics
- 08/23/08 03:53 PM
Mortgage Fraud StatisticsAccording to the Federal Bureau of Investigation (FBI), which earlier this month issued yet another Mortgage Fraud Advisory, here are the latest Real Estate Fraud statistics:Estimated Annual Losses: $4 billion to $6 billionTotal Mortgage Fraud Suspicious Activity Reports in Fiscal Year 2007: 46,717, with $813 million in lossesTotal FBI Mortgage Fraud Task Forces/Working Groups (June 2008):42Pending FBI Mortgage Fraud Investigations (May 2008): 1,380Cases opened in Fiscal Year 2007:462 (compared to 295 in Fiscal Year 2003)Successes in Fiscal Year 2007: 321 indictments/informations; 260 convictions States with Significant Mortgage Fraud problems in 2008:Florida Nevada Michigan "my State"California Utah Georgia Virginia Illinois … (1 comments)
fbi: Trick or Treat for Mortgage Fraud
- 10/13/07 08:12 AM
Trick or Treat for Mortgage Fraud Kudos to nationally syndicated political cartoonist and Editorial Cartoonist for the The Columbus Dispatch, Jeff Stahler: At a time when state and federal authorities absolutely refuse to fund Real Estate and Mortgage Fraud prevention education & training, it's good we have people like Stahler, who, through their everyday work, reach more people than any federally-funded effort ever could. FlippingFrenzy.com … (8 comments)
fbi: activerain i will be Crusading against Real Estate and Mortgage Fraud, 100 People at a Time
- 07/18/07 11:55 PM
Crusading against Real Estate and Mortgage Fraud, 100 People at a Time To help kick off RISMedia's 2nd Annual CEO Exchange (July 23 & 24 at the Sanctuary Golf Course and Clubhouse in Salida, Colorado), I will be providing each attendee a complimentary copy of my latest book, Protect Yourself from Real Estate and Mortgage Fraud: Preserving the American Dream of Homeownership, co-authored with Rachel Dollar, a legal expert in the mortgage lending industry. If you're unfamiliar with the CEO Exchange, it's an exclusive gathering of over 100 top brokers and Real Estate industry leaders for the purpose of discussing the most pressing … (2 comments)
fbi: activerain Do You Want 2 Eliminate Your Mortgage in Less Than a Year?
- 07/01/07 01:45 PM
Eliminate Your Mortgage in Less Than a Year?by Ralph Rowland RobertsBanks, mortgage companies, and other lenders offer plenty of legitimate ways to eliminate a mortgage. You can borrow less, refinance for a shorter-term loan at a lower interest rate, make payments every two weeks rather than every month, pay a little extra each month toward the principle, or sell the property. Now, there's an even better way. Dozens of companies promise to help homeowners completely eliminate their 30-year mortgages in a matter of months for a flat fee of only a few thousand dollars up front! What a deal! For three thousand … (7 comments)
fbi: $$$ CASH BACK AT CLOSING $$$
- 05/31/07 03:03 PM
Cash Back at Closing: Appealing Arrangement or Sinister Scam by Ralph R. Roberts
Cash back deals are stitched into the very fabric of the U.S. economy. Manufacturers promote their products with cash rebates. Credit card companies offer cash-back on purchases. Even banks dangle cash-back deals to attract new customers. Now, home buyers and con artists are jumping on the cash-back bandwagon, and plenty of our own people -- real estate professionals -- are tripping over themselves to cater to them. On its surface, cash back at closing seems like a win-win situation. The buyer simply pays a little more for a property than … (16 comments)
fbi: RALPH ROBERTS Fixing The System "REAL ESTATE FRAUD" cash back at closing
- 11/15/06 02:17 PM
Seven Indicted in Oklahoma Cash Back at Closing Scheme Seven people were indicted in the U.S. District Court for the Western District of Oklahoma on allegations that they inflated the purchase price of homes to obtain cash back at closing in the guise of false remodeling or repair costs. Those indicted were: Brandon L. Baum, real estate salesman and owner of Secorum Investments, LLC. Gayle L. Caldwell, owner of Access Marketing Services Inc., Edmond, Oklahoma Joseph Conrad Therrien, home buyer Charles E. Caldwell Jr., husband of Gayle L. Caldwell and mortgage broker with United Lending, Oklahoma City, Oklahoma Teresa M. Therrien, home … (3 comments)
fbi: RALPH ROBERTS on "REAL ESTATE FRAUD" with FBI STATISTICS
- 11/05/06 10:38 PM
FBI Releases Latest Real Estate and Mortgage Fraud StatisticsThe FBI just released its latest figures on real estate fraud, and for some parts of the country, the news isn’t very good! According to the FBI, Southern California has the most reports of mortgage fraud in the country, topping the closest region in the number of reported cases by over 35 percent. Since January 1 of this year, the FBI has received 2,293 reports of suspected fraud in the Los Angeles area alone, and 4,228 in the Southern California region. Real estate industry insiders in a number of ways initiate reports of … (0 comments)
fbi: RALPH ROBERTS on "REAL ESTATE FRAUD" and "MORTGAGE FRAUD"
- 11/05/06 10:22 PM
Mid-West Tops the List of Real Estate and Mortgage Fraud ‘Hot Spots’With fewer houses selling, increases in foreclosures and real estate prices dropping, the housing market is experiencing the “soft landing” that has been long predicted, and the mid-western United States is once again the most vulnerable part of the country when it to real estate fruad. Earlier this week, CoreLogic released the latest edition of the Core Mortgage Risk Monitor, a report that forecasts the geographic regions most likely to experience the economic consequences of increased levels of fraudulent activity over the next 12 to 18 months. According to the latest … (2 comments)
fbi: "Bonnie and Clyde" Mortgage Broker Caught In Texas by RALPH ROWLAND ROBERTS
- 10/22/06 01:31 AM
"Bonnie and Clyde" Mortgage Broker Caught In Texasby Ralph Roberts<!-- Body -->Chalk one up for the good guys. In case you haven't heard, federal authorities in Texas just arrested Rebecca Hauck, the alleged co-conspirator of real estate and mortgage fraud poster-child, Matthew Cox. In the world of real estate and mortgage fraud forensics, Cox and Hauck are akin to Bonnie & Clyde. Their dirty deeds are rumored to stretch from coast to coast, and now that one of them is in custody, we're perhaps only moments away from seeing the other one behind bars as well. According to various news sources … (2 comments)
fbi: CASH BACK AT CLOSING by RALPH ROWLAND ROBERTS
- 10/21/06 12:44 PM
Cash Back at Closing: Appealing Arrangement or Sinister Scam by Ralph Roberts Cash back deals are stitched into the very fabric of the U.S. economy. Manufacturers promote their products with cash rebates. Credit card companies offer cash-back on purchases. Even banks dangle cash-back deals to attract new customers. Now, home buyers and con artists are jumping on the cash-back bandwagon, and plenty of our own people -- real estate professionals -- are tripping over themselves to cater to them. On its surface, cash back at closing seems like a win-win situation. The buyer simply pays a little more for a property … (2 comments)
FlippingFrenzy.com is your source for news, information and commentary about Real Estate and Mortgage Fraud. FlippingFrenzy.com has quickly become one of the leading online resources for following the crusade to spot, stop, and report real estate fraud. acticerain acticerain acticerain acticerain acticerain
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