RECENT BLOG POSTS
If the Realtor is "negotiating" with the lender, then it could be yes, probably will need to be licensed as an MLO and their company as a mortgage broker. As a general guide, if someone is discussing the terms of mortgage financing with a consumer for the purpose of obtaining a loan for them or t...
05/07/2010
He was living the high life-taking up residence in a Miami Beach mansion worth more than $5 million, cruising around in a million-dollar yacht and his leased Mercedes-Benz, shelling out more than $400,000 for floor seats at Miami Heat basketball games, and donating thousands of dollars to the ath...
05/03/2010
Our Real Estate & Mortgage Industry is saturated with "Fraudsters", "Willful Blindness", "It Is Not My Problem" mind-set and a lack of integrity from many individuals.Congress, Fannie, Freddie and companies like Goldman "might" have been the enablers for this "Real Estate Crisis" to exist, althou...
05/01/2010
Jodi Lee Nazir, former Rancho Cucamonga, California real estate agent was located in Manhattan, New York and arrested on April 6, 2010, by US Marshals as a fugitive from justice, on an outstanding felony warrant for embezzlement of funds from her Rancho Cucamonga company's Escrow Trust Account. N...
04/20/2010
Homeowners facing foreclosure have always been vulnerable to scammers, con-artists, and thieves. When property values were appreciating rapidly, foreclosure rescue scams primarily focused on obtaining title to the home and robbing homeowners of their equity. Today with property prices still depre...
04/20/2010
Our steady growth affords the opportunity to bring on-board qualified Quality Assurance Auditors with experiences in Underwriting, mortgage operations and quality control. We are hiring immediately on a contract 1099 basis. We are accepting applicants that have a home office setup. We are able to...
04/14/2010
These defendants changed real estate records and used other fake documents to place seniors in houses worth only a fraction of the amounts represented, and divert loan proceeds to themselves. It is important to note that institutions don't commit fraud, companies don't commit fraud - people commi...
04/14/2010
Criminals also to blame for housing crisis! A lot of blame for the housing crisis that helped drive our nation into a financial crisis has been heaped on "greedy" bankers and home buyers trying to live beyond their means.But there was another element that should not be forgotten - and that was ou...
04/13/2010
A motivational speaker, who had authored a real estate book and had an infomercial on making money in real estate that ran on late night television, largely orchestrated the scheme. Read the whole story @ http://tinyurl.com/y4sotl4 The bad guys and gals use the latest technology to commit fraud; ...
04/12/2010
FHA TAKES ACTION AGAINST RSA FINANCIAL and 1st ALLIANCE MORTGAGE and also reaches settlement agreements with two other lenders  WASHINGTON - The Federal Housing Administration (FHA) today announced that it is permanently withdrawing its approval of Atlanta-based RSA Financial, Inc. and 1st Allian...
04/05/2010
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Michael Richardson

First Colorado Lending
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