Here’s the most common types. By A father and his son were sentenced on Wednesday to a combined 15 years in federal prison for submitting more than $27 million in fraudulent hearing aid claims through.
Copiague man sentenced to more than 12 years in mortgage scam aaron wider, right, is escorted by a federal agent as he is taken into custody in Melville on May 6, 2014.
Industry leaders prepare for 2014 underwriting standards Pending home sales rise for 15th straight month Fannie Mae sees 2012 home sales up 3.5% to 4.74 million · 7 questions everyone asks about the harp refinance program. However, Fannie Mae and Freddie Mac recently rolled out new High LTV refinances.. 2019 – 9 min read fha loan With 3.5%. · Across Long Island, pending home sales slowed in May, marking the first retreat of the year after four months of gains. Last month, 3,152 homes were contracted for sale.U.S. court upholds dismissal of MERSCORP foreclosure suit U.S. court upholds dismissal of MERSCORP foreclosure suit The United States Court of Appeals for the Ninth Circuit affirmed a Washington federal court’s ruling that dismissed the plaintiffs’ Washington Consumer Protection Act claims along with other claims alleged in a wrongful foreclosure complaint against MERSCORP Holdings and its co-defendants.Steven Cohen’s Point72 Asset Management discloses passive stake in Nationstar Steven Cohens hedge fund SAC Capital Advisors disclosed. which amass 5.0% of the common stock. The stake is passive by nature, and, at the current stock price of the company, has a value of $36.7.Safety and Soundness Ofce of the Comptroller of the Currency Washington, DC 20219 Comptroller’s Handbook management activities (M) Earnings (E) Liquidity (L) SensitivityCapital to Market Risk (S) Other (O) Asset Quality (A) Adequacy (C) A-RRE Residential real estate version 1.0, June 2015 Version 1.1, June 16, 2016 Version 1.2, January 6, 2017
LA man sentenced to 11 years in foreclosure scam The victims ended up losing homes, thousands of dollars in fees
Ringleader of Foreclosure Scam Sentenced to 35 Years in Prison SACRAMENTO, CA-Charles Head, 40, of Pittsburgh, Pennsylvania, (formerly of Los Angeles and Orange County), was sentenced today by United States District Judge Kimberly J. Mueller to 35 years in prison, United States Attorney Benjamin Wagner announced.
Contents Delinquent kerri ann panchuk Foreclosure review participants Series iii pickup 16:22:36 pdt view Mortgage foreclosure scheme Colorado AG indicts family for mortgage-fraud scheme HW 30 lands in positive territory once again Next major issue lenders need to tackle: Cybersecurity LPS: 7.12% of U.S. loans are delinquent LPS: U.S. loan delinquency rate falls 2.03% LPS: 7.12% of U.S. loans.
Hatteras Financial acquires Pingora Asset Management Chief Financial Officer at Pingora Asset Management LLC. Todd Wallace. todd wallace.. pingora asset management llc provides asset management services. The firm is an asset management firm focused on investing in and servicing of portfolios of recently produced mortgage servicing rights.. NX Uranium, Inc. engages in the acquisition.
California Man Sentenced to 24 Years in Fed Prison for foreclosure rescue scam. In fact, Tikal never made any payments to financial institutions on behalf of homeowners in satisfaction of their pre-existing mortgage debt obligations; the purported "loan" payments paid to Tikal were simply spent by himself, his family,
LA Man Gets 11-Year Prison Term for Long-Running Foreclosure Rescue Scam. Glen Alan Ward, a former Los Angeles resident who fled to Canada and was a federal fugitive for 12 years, was sentenced on Monday to serve 11 years in federal prison for aggravated identity theft and bankruptcy fraud in connection with his leading role in a nearly 15-year.
Foreclosure Scammer Sentenced To Federal Prison According to an article in the American Chronicle, Rosario Divins, a self-proclaimed foreclosure prevention specialist was sentenced to 350 months in a federal prison for milking homeowners out of thousands of dollars.
Defendant Doninador Palalay (a.k.a. Dominador Palalay), has been sentenced in a foreclosure rescue scam case. On Sept. 9, 2010, Palalay pled guilty to one count of Theft-Obtaining Money in excess of $2,500 by Material Misrepresentation, a category B Felony, in connection with his role in operating.
Monday Morning Cup of Coffee: Congressman tries to tackle eminent domain plans FHA REO inventory up 47% from one year ago · Now, with prices up by double-digits from one year ago, rising rates have been “almost like a red light on the frantic price inflation,” said Ms. Zelman. A Zelman report last week showed that new home orders in August rose by just 1% from one year earlier, compared to year-over-year gains of 11% in July and 25% during the second quarter.Discussing the roots of the economic crisis with Bill Moyers on this week’s JOURNAL, former regulator Bill Black said that much of the blame lies with lenders for issuing “liars’ loans,” in which.