RECENT BLOG POSTS
This fraud scheme was from the sale of land in various counties in North Florida and in Georgia by First Loan Solution, a company that advertised the sale of the land to the Haitian community in Miami Dade County, Florida. They used First Loan Solution's website and one of the fraudsters had a ra...
03/17/2010
A New Jersey, a police officer, was arrested based on a obtaining a mortgage loan that he obtained through false representations. According to the Complaint, he and his wife own property in Secaucus, New Jersey which they purchased in June 2000 with a thirty-year mortgage for $513,700. Around Mar...
03/12/2010
New Secondary Market Underwriting Guidelines 1. All borrowers' birth certificates will be required with pictures taken in the hospital with medical staff. Birth certificate with a live home delivery will not be eligible for first time home buyers. 2. Marriage certificate with bridal dress will be...
03/10/2010
Queens District Attorney Richard A. Brown today announced that an international businessman who resides in Manhattan has been sentenced to three to nine years in state prison for having used a forged power of attorney to unlawfully obtain a mortgage on his mother-in-law's condominium in the Littl...
03/09/2010
TALLAHASSEE, FL - As part of National Consumer Protection Week, Attorney General Bill McCollum today issued a consumer advisory on foreclosure rescue services and foreclosure-related loan modification offers, one of the most frequent subjects of complaints to the Attorney General's Office during ...
03/09/2010
Loan Issues & QC Report-Loans Audited for year 2009 http://www.qcmortgage.com/UniversalReport.aspx?year=2009 Michael S. Richardson is Director, Mortgage Fraud Services, for answers to your fraud questions and how our Quality Mortgage Service coalition will benefit you, please contact Michael at 8...
03/08/2010
The House Appropriations Committee wants the FBI to spend less time on mortgage fraud. "The House committee is concerned that the FBI budget proposal focuses too exclusively on mortgage at the expense of other high priority financial fraud issues," If we loose the focus of the FBI and will that a...
03/04/2010
REGISTER NOW!!!! The Quarterly meeting of the Florida Quality Council Friday, March 12th, 2010 Registration IS available on-line at http://www.floridaqualitycouncil.org/.  Meeting Topics Darren Soto's Foreclosure Bill of Rights As foreclosures continue to impact our state, this is an important pr...
03/04/2010
A former loan officer at a Texas mortgage company was sentenced last week to 31/2 years in federal prison and ordered to pay $751,075 in restitution for faking mortgage documents sent to the U.S. Department of Housing and Urban Development. U.S. District Judge Terry Means recommended that Ingles ...
03/04/2010
Deceased Grandmother used to conceal "Forged Warrant Deeds" Fraud Scheme A Texas man was arrested on federal charges that he stole actual houses in an elaborate scheme involving fake buyers and fraudulent titles, prosecutors said. He is alleged to have taken over 100 homes and other properties wo...
03/03/2010
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Michael Richardson

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