Former Chief Executive Officer of Mortgage Servicing Company Pleads Guilty to Bank Fraud in Scheme to Withhold Funds from Wells Fargo Bank U.S. Department of Justice June 11, 2013 Office of Public Affairs (202) 514-2007/TDD (202) 514-1888 WASHINGTON—The former president and chief executive of
...
06/11/2013
New York Attorney Pleads Guilty to Participating in Multi-Million-Dollar Real Estate Fraud Scheme U.S. Attorney’s Office June 10, 2013 Southern District of New York (212) 637-2600 Preet Bharara, the United States Attorney for the Southern District of New York, announced that Edward Adams, a Ne
...
06/11/2013
Bakersfield Couple Pleads Guilty in $6 Million Mortgage Fraud Scheme U.S. Attorney’s Office June 10, 2013 Eastern District of California (916) 554-2700 FRESNO, CA—Eric Ray Hernandez, 37, and Monica Marie Hernandez, 32, of Bakersfield, pleaded guilty today before Senior United States District J
...
06/11/2013
This disturbing video was recorded some months back about an angry homeowner who trashed the house. Stark reminder of the crisis. Have you seen nasty things like this happen to homes in your community ? source: http://www.youtube.com/watch?v=nT6kp4IR_BM
06/10/2013
Former Ladue Financial Adviser Pleads Guilty to Federal Fraud Charges U.S. Attorney’s Office June 07, 2013 Eastern District of Missouri ST. LOUIS, MO—Greg J. Campbell pled guilty to diverting over $1.8 million from client retirement accounts to finance his luxury home, cars, and lifestyle. Acc
...
06/10/2013
Fannie Mae Debuts Short-Sale Tool for Agents Fannie Mae wants to work with mortgage servicers to streamline short sales, and is now asking listing agents to register accepted short-sale offers on Homepathforshortsales.Com where they'll be asked to provide information such as the property address
...
06/10/2013
#2220 A developer subdivided and made some improvements to a 150 acre parcel of land. The developer created several restrictions, which, by design, were placed in the deed to affect the subdivision. These restrictions affect all of the owne
...
06/09/2013
#2219 Once the underwriter has been able to verify the amount of a borrower's stable monthly income, the underwriter will then use a process which will employ gross multipliers to determine whether or not the income is adequate enough to repay
...
06/09/2013
#2218 The quality of a loan applicant's income generally depends on whether or not it's taxable income in the decision making process for the underwriter, and not as much the dependability of the income. Is this fact true or false ? Please t
...
06/09/2013
#2217 Stacy is a college student that is buying her first home. She doesn't have enough money for the closing table so her parents have graciously offered to give her 4000 dollars to close with as a gift. In this situation the loan underwrit
...
06/09/2013
