Michigan Online Real Estate Continuing Education (con ed)

Here is yet another example of a mortgage fraud scheme. On February 6, 2009, Colorado real estate agent Linda Edwards was sentenced to 41 months in prison, ordered to pay $646,521 in restitution, and forfeit $139,854 for wire fraud, false statements, and false use of a Social Security number.  M...

On March 24, 2009, in Richmond, Virginia, attorney Colin C. Connelly was sentenced to 24 months in prison and ordered to pay $376,464 in restitution to the victims of his criminal conduct for a mortgage "rescue" scam. According to criminal court records, Mr. Connelly was involved with others in a...

Foreclosure rescue scams are yet another potential stress for homeowners in distress. The possibility of someone losing a home to foreclosure can be terrifying. The reality that scam artists are preying on the vulnerability of desperate homeowners is equally frightening. Many so-called foreclosur...

HUD-approved housing counseling agencies are available to provide homeowners with the information and assistance they need to avoid foreclosure.  As part of President Obama's comprehensive Homeowner Affordability and Stability Plan (HASP), homeowners may be eligible for a special "Making Home Aff...