Members: 99,938 -
2,697 Online Now
|
|||||||||
|
Blog entries tagged with "straw buyers":
|
|||||||||
|
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers
and brokers listed on this site. These real estate profiles, blogs and
blog entries are provided here as a courtesy to
our visitors to help them make an informed decision when buying or selling a house. ActiveRain
Corp. takes no responsibility for the content in these profiles, that are written by the members
of this community.
© 2007 ActiveRain Corp. All Rights Reserved 
|
|||||||||
What does the FBI have to do with a Realtor Magazine 30 Under 30 Celebrity? Mortgage fraud, money laundering, According to the FBI indictment "The defendants engaged in approximately 432 straw buyer transactions, and obtained control over approximately 227 properties with a total purchase price of over $100 million." Wow! For … (42 comments)
Sometimes we use terms familiar to our own little clique but confusing or misunderstood to others. There is one term in particular we hear in my business somewhat frequently that is obviously misunderstood by many. The term I am writing of is "straw buyer". This blog has a dual purpose and … (36 comments)
In this edition of the Blown Mortgage Interview Series we talk with Rachel Dollar, mortgage fraud attorney and author of mortgagefraudblog.com a leading web site that tracks the instances of mortgage fraud across the country as well as the book "Protect Yourself from Real Estate and Mortgage Fraud: Preserving the American … (4 comments)
A recent article in the Minneapolis Star Tribune, "Straw Buyer deals fuel tidal wave of foreclosures", discusses a problem that has been big for over a decade. Back in the 1990's, it was called the "Flipping Scandal". It involves property sold at inflated prices to unsuspecting buyers