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24th September 2009
Mortgage Fraud and Foreclosure Recovery Scams have become a common problem of all homeowners nowadays. This is a bigger problem especially for those homeowners who are having trouble paying their mortgage payments and are threatened by foreclosures.
The... Read >
Author: Sanchi Singla22nd September 2009
Whether you have filed Bankruptcy or have faced foreclosure, repossession or a delinquency on a loan, it is a fact of life that your credit score can fluctuate. Access to credit is important when applying for a car or home loan or when starting a new busi... Read >
Author: John Stewart17th September 2009
Whether you have filed Bankruptcy or have faced foreclosure, repossession or a delinquency on a loan, it is a fact of life that your credit score can fluctuate. Access to credit is important when applying for a car or home loan or when starting a new busi... Read >
Author: John Stewart08th September 2009
A detailed knowledge of the Lexcel standard and how this is integrated with a comprehensive professional guilt risk management plan is useful in helping professional indemnity insurance facilities for Lexcel commissioned practices. Upward stress on pre... Read >
Author: Lyle Stevens07th September 2009
Verified Short-Sale and Deed-in-Lieu Results
A Saint Charles man sued his lender (First Franklin) for improperly trying to foreclose on his second home. First Franklin agreed to a Short-Sale along with debt forgiveness for the $180,000 loss that First F... Read >
Author: aniasullivan@yahoo.com20th August 2009
Fraud can be defined as a crime where one is deliberately deceived by another by damaging them by unjustly or illegally obtaining property, money or services. Every year, the people of Minnesota lose millions to sweepstake scams and fraudulent lottery. Th... Read >
Author: Bobie18th August 2009
From sea to shining sea, lenders struggle with costly mortgage fraud. Although, the fraud itself is not new, a recent FBI report reveals that the numbers are mounting and the methods used by scammers are becoming more, well, creative.
From 2007 to 2... Read >
Author: Robert Palmer11th August 2009
Be careful when you are applying for mortgage. You do not want to give in any false information so that your application may be turned down due to false information or misrepresentation of facts. Rejection would be a trifle matter compared to other conseq... Read >
Author: Samantha10th August 2009
Back in the good old days – as recently as 2007 or so – investors used to be able to buy and re-sell property the same day without ever having to bring funds to the closing table. This was accomplished through a couple of different methods, such as ... Read >
Author: J. J. Mangan08th August 2009
Total Real Estate Solutions LLC, Florida-based Short Sale Experts says that more than 50 percent of the homeowners it is working with to secure short sales have been approached by �circumspect persons or companies proffering fake foreclosure rescue ser... Read >
Author: butler492401st August 2009
If Florida’s City Council doesn’t vote in favor of the proposed mileage rate increase the state is in danger of facing more budget problems.
The Florida Chamber of Commerce created a six-driver structure to focus six major areas that include, innovat... Read >
Author: Ronnie Tanner30th July 2009
The growing number of fraudulent bank foreclosed homes rescue schemes in Florida has become a thorny issue, especially among political candidates. Attorney General Bill McCollum, who is a candidate for governorship in Florida, admitted that neither his of... Read >
Author: JosephSmithJr28th July 2009
Want to become a mortgage broker in Colorado? I will list some of the requirements to become a mortgage broker in the state of Colorado. In the near future I hope this will be a requirement for federally chartered banks all so. The new rules covering the... Read >
Author: Robert Bell21st July 2009
As is the American tradition, one of the hallmarks of our culture and an activity a majority of the population engages in at one time or another, as soon as the housing bubble burst, the lawsuits began. Homeowners sued loan originators and Realtors, inves... Read >
Author: Nick Adama06th July 2009
In these tough times, many homeowners here in the U.S. are desperately trying to modify their existing mortgage in order to stay in their homes. Before jumping into anything though, you must thoroughly investigate any company that you are dealing with. ... Read >
Author: Josh Shepherd02nd July 2009
Are you in need of a loan modification lawyer to help you obtain the best results possible on your home loan modification? You can now skip the high fees associated with loan modification lawyers and get help for legal fees of only $795.
Unless you've... Read >
Author: Bobby Mason02nd July 2009
Looking for attorney loan modification sevices to help you get your loan modification approved? Now you can get the help you need for only $795.
Over the last 6 months we have seen the growth of the Loan Modification industry. Loan Modification Consulta... Read >
Author: Bobby Mason07th June 2009
Any type of trickery or deception (fake information, double-dealing, maneuvering) employed while requesting for a loan, goes down as mortgage fraud and is liable to be punished by law. Lately, these mortgage frauds have been so frequent that many experts ... Read >
Author: William King12th May 2009
Currently, short sale investors have been getting a lot of bad press. They've been called "greedy scumbags" and their practices have been called 'scams', 'mortgage fraud' and even 'stealing'. Many people agree with these statements and others are appall... Read >
Author: Shawn Hutchison11th May 2009
Currently, short sale investors have been getting a lot of bad press. They've been called "greedy scumbags" and their practices have been called 'scams', 'mortgage fraud' and even 'stealing'. Many people agree with these statements and others are appal... Read >
Author: Shawn Hutchison11th May 2009
Currently, short sale investors have been getting a lot of bad press. They've been called "greedy scumbags" and their practices have been called 'scams', 'mortgage fraud' and even 'stealing'. Many people agree with these statements and others are appall... Read >
Author: Shawn10th April 2009
A recent article on Bloomberg.com highlights the huge increase in fraud being investigated by the City of London Police. Detective Chief Superintendent Steve Head, who heads the City’s Economic Crime unit, was quoted in the article as saying
“The c... Read >
Author: Lloyd Stevens30th March 2009
Cases of mortgage fraud have surged since the beginning of the housing boom, with con artists taking advantage of the time's lax lending standards in order to acquire property under false pretences. Despite more stringent lending practices being in place ... Read >
Author: M Shane06th March 2009
The regulatory solution proposed herein is simple, yet far reaching. It comes in two parts, the first is to limit the amount lenders can loan to borrowers with a rather unique enforcement mechanism, and the second is to increase the penalties for borrower... Read >
Author: Robert Bell20th February 2009
Foreclosures in Reno has devastatingly increased over the years. And with the height of the financial crisis, it is expected that it is still going to go up. Reasons leading to foreclosure could range from unemployment, medical emergencies, divorce, too ... Read >
Author: Jodi31st January 2009
Mortgage fraud is intensifying at an an alarming rate. Con artists oftentimes target homeowners struggling to meet their mortgage loan responsibilities or are anxious to sell their houses. There is help obtainable when confronted by financial problems or... Read >
Author: Gene Asher31st January 2009
Mortgage fraud is getting more common. To protect your house and your homes equity it's exceedingly important to read the signals of mortgage fraud. Being able to report property scams to the right state and federal authorities is extremely critical if ... Read >
Author: Gene Asher30th January 2009
The National Fraud Strategic Authority (NFSA) has compiled a report called Fighting Mortgage Fraud Together following consultations with several associations in the mortgage business, including the Association of Mortgage Intermediaries and the Council of... Read >
Author: michael challiner21st January 2009
Many Americans are still leery of trusting banks sine the widespread foreclosure crisis and news about mortgage fraud has been plaguing us over the last year. Idahoans, in particular, may be weary right now, because the state of Idaho has recently taken a... Read >
Author: arstringfellow21st January 2009
Many Americans are still leery of trusting banks sine the widespread foreclosure crisis and news about mortgage fraud has been plaguing us over the last year. Idahoans, in particular, may be weary right now, because the state of Idaho has recently taken a... Read >
Author: arstringfellow15th December 2008
Recent financial industry distress publicly attributed to widespread mortgage loan defaults has generated mounting pressure on federal prosecutors to increase investigations into incidents of mortgage fraud across the nation. On February 6, 2004, CNN repo... Read >
Author: Brian S. Icenhower27th October 2008
Among investment and financial consultants, Dyer Beech is best-known for its trusted and efficient way of dealing with mortgage issues and other financial concerns. It helps distressed homeowners and other individuals by rendering needed services such as ... Read >
Author: Felicia Newman15th October 2008
It is, however, a really good idea to hire one when you're ready to take the mortgage plunge. A mortgage is a serious commitment that requires serious study. You're putting your whole credit rating on the line for 15 or 30 years and you'd best know what y... Read >
Author: Joe Cline15th October 2008
Today, mortgage fraud is considered as one of those organized fraud that authorities are finding hard to crack down. With its increasing number of participants, including the customers itself, the law is committed to eliminate any form of fraud in the ind... Read >
Author: Felicia Newman15th October 2008
Today, mortgage fraud is considered as one of those organized fraud that authorities are finding hard to crack down. With its increasing number of participants, including the customers itself, the law is committed to eliminate any form of fraud in the ind... Read >
Author: Felicia Newman06th October 2008
I am feeling my feet firmly on the ground. Feeling stable and secure is something that is being ripped out of - from under the carpets, so to say for a lot of people nowadays. In this financial crisis, Lehman Brothers going bankrupt, AIG Insurance being ... Read >
Author: Blanca25th September 2008
If you’re a preforeclosure investor, with the tightening credit markets, you have no doubt noticed how much more difficult it is these days to close short sale deals.
In the past, plenty of hard money options, along with double closings and simultane... Read >
Author: Terry Wygal15th September 2008
The real estate market in Las Vegas is always abuzz with activity. The market in Las Vegas has seen its ups and downs over the last three years. Despite the predictions of many “experts” about the housing bubble, property sales have increased in the l... Read >
Author: Charles Richey11th September 2008
Flipping real estate properties has become a popular method of gaining big money for many people regardless of whether or not they have prior background in real estate. Investors have been drawn to this venture mostly utilizing residential properties. Som... Read >
Author: Gloria Smith09th September 2008
According to the Mortgage Asset Research Institute, mortgage fraud has increased significantly during the past year by 42 percent. Mortgage fraud happens when brokers and loan officers participate in illegal activities to gain profit.
Mortgage brokers ... Read >
Author: zeusjohn27th August 2008
The Financial Services Authority has been slowly ramping up its operations to target mortgage fraud in the UK by gathering enough evidence to successfully prosecute perpetrators. High on the list is fraud involving adverse credit mortgage products. This t... Read >
Author: michael sterios23rd July 2008
In November, either Sen. John McCain or Sen. Barack Obama will likely be elected as the next Commander-in-Chief of our Nation. The economy is changing and in the next five months, the economic conditions are likely to get even worse. Therefore, it is cruc... Read >
Author: Roni Deutch14th July 2008
We know Mortgage is a conditional conveyance of property as security. Mortgage is not a debt, but it is an evidence of debt. It is a transfer of interest in a land or a property from the owner to the mortgage lender, with the condition that the interest w... Read >
Author: Inline Business10th July 2008
The term "double closing" refers to the process of buying and re-selling a property on the same day or date. Double closings were given a bad name in 2004-5 when dishonest investors committed mortgage fraud.
Their scam worked this way: They'd buy a pro... Read >
07th July 2008
Between March and June 2008, 406 people have been charged with mortgage fraud through 'Operation Malicious Mortgage'. The foreclosure crisis has caused some kinds of fraud to skyrocket and the Justice Department has taken notice. There are three main sca... Read >
Author: Ed Kirkland05th July 2008
Due to the presence of a string of problems, such as rising rates and falling prices, several bad credit loans and also a heavy rate of mortgage fraud, the concentration of foreclosure has increased in Atlanta, Georgia. When analyzing foreclosures by stat... Read >
Author: John01st July 2008
In recent years with the advent of technology and the internet there has been increased focus of privacy and identity theft but this is nothing new. Theft and fraud has always been a constant threat but especially in our society where your credit is every... Read >
Author: Stefan23rd June 2008
The mortgaging business is business people. There is no alternative to going out and meeting people. The more people you meet and talk for the better. You can also use Web sites direct mail and all the capture system. But they work better when backed up w... Read >
Author: ebet sanders02nd June 2008
America’s two largest mortgage controllers, Freddie Mac (FMLC) and Fannie Mae (FNMA) recently agreed to enact tougher standards on appraisers and lenders beginning in January 2009. FMLC and FNMA buy mortgages from all facets of the mortgage industry ... Read >
Author: Aubrey Clark27th May 2008
It’s fairly common to hear about people who made their fortune at the stock market. However, you also hear about people who ended up losing everything, fiddling in stocks. One hardly hears about real-estate agent investors who went bankrupt, there’s a... Read >
Author: BradWozny21st May 2008
The Treasury has recently warned financial services firms to tighten their belts with regards to gaps in their services which could lead to money laundering activities by their clients. In particular the Government is targeting self-certification mortgage... Read >
Author: michael sterios20th May 2008
Unfortunately in today's troubled economic climate while most people are just trying to do what they can to weather the storm, some individuals consider this a perfect opportunity to exploit a vulnerable situation and make a profit.
By the end of la... Read >
Author: M Shane16th April 2008
Imagine this: You're smack in bed asleep, in your newly rented Miami condo, only to be awakened by someone knocking at your door first hour in the morning. You suddenly find out that on the other side of that door is a sheriff, who is there to serve your ... Read >
Author: Vanessa Doctor10th April 2008
In times of trouble many people are too apt to quickly jump in to the arms of the first savior that comes along. Today, with millions of Americans in foreclosure trouble, it's all too easy to make the wrong choice under the pressures of either trying to s... Read >
Author: Corwin Grant03rd April 2008
Buying or selling a property had always been a Herculean task. It involves in making a crucial decision. It has always been proved tough for the first –time. A careful step is required in acquiring mortagage loans to buy a property. The mortgage lenders... Read >
Author: Daniel14th February 2008
A record number of foreclosures have been filed in Denver this year, even higher than the oil industry bust of 1988. Although Denver is attributed with a far lower number of foreclosure homes than many other American cities, it has nevertheless been targe... Read >
Author: M Shane14th February 2008
Mortgage fraud has been on a steady rise in recent times and the Financial Services Authority (FSA) is currently looking into 200 scams that were all related to the mortgage industry.
The FSA believe that the fraud goes far beyond people exaggerating a... Read >
Author: Gill05th February 2008
The attorney general's office in Florida is investigating Countrywide Financial, the nation's largest mortgage lender, for possible unfair and deceptive business practices related to its home loans.
The subpoena, dated Jan. 17, directs Countrywide to... Read >
Author: Vanessa Doctor04th February 2008
It's a cloudy and murky storm now hovering over the once clear blue skies of the real estate market. Due to the sub prime and adjustable rate fiascos, foreclosures have dramatically increased and home values nose diving like huge drops of descending rain ... Read >
Author: Roy Landers30th January 2008
It’s part of the dream, the possibility of being able to make thousands of dollars with out using any of your own cash as an initial investment. Well, it has been done and can still be done with a variety of real estate sale practices. One of these p... Read >
Author: Judson Voss24th January 2008
As dozens of people have been arrested in a $14 million real estate scam that involved properties in Southwest Florida, authorities say the scam hurt an already fragile real estate market.
The general allegations are that defendants recruited straw buy... Read >
Author: Vanessa Doctor08th November 2007
Most UK residents have heard the term “mortgage fraud” before but many people may not be aware of the full range of activities that it encompasses. To many it may seem like the domain of professional con artists, however, a growing number of otherwise... Read >
Author: michael sterios10th August 2007
The majority of real estate investors begin by flipping real estate to make quick money. Although it may sound simple to buy properties and sell them at a higher price to make a profit, there are many factors you must consider prior to making any investm... Read >
Author: Joelane26th July 2007
Subprime lenders are providing first mortgages, second mortgages and home equity loans to those who don't qualify for conventional financing. Many of the more than 19,000 mortgage lenders in the U.S. offer some form of subprime mortgages.
Subprime borr... Read >
Author: Mike Hamel01st July 2007
Mortgage fraud is quickly becoming one of the most notorious kinds of crime perpetrated in this country. In fact, recent years have seen a marked increase in the number of mortgage frauds and in the amount of money and property concerned. Careful measures... Read >
Author: Lee Keadle26th June 2007
The crime of mortgage fraud has developed quite a bit in this country over the past few years. Sometimes called real estate fraud, this type of crime is wreaking havoc across the country as perpetrators get better and better at it and their methods develo... Read >
Author: M Shane18th June 2007
New York is still the gateway to business in the United States. It is home of New York City, the nation�s largest city and financial center, with a population of over 8 million, out of a state-wide population of over 18.5 million. Some people jus... Read >
07th April 2007
The Facts Surrounding Mortgage Fraud and Predatory Lending
Predatory lending occurs chiefly in the sub prime mortgage market, where most borrowers are loosely qualified by the equity in their homes for debt consolidation or loan purposes. In additio... Read >
Author: Dino McShane03rd January 2007
In earlier years, “Flipping” was a negative term utilized by governmental agencies to designate a mortgage fraud situation where there was massive collusion between, straw buyers, appraisers on the take, title companies and other players all committed... Read >
Author: Dale Rogers18th November 2006
Bad credit homeowner loans should only be considered if the homeowner has much equity in their home or if the original mortgage loan carries an unbelievably high rate. Credit scores directly determine the interest rate that will be offered on bad credit h... Read >
Author: steve C clark13th August 2006
Georgia real estate properties translate into fraud opportunities and baits for many unscrupulous individuals trying to lure prospective buyers and victims in the Georgian landscape. From 2002 to 2005, Georgia is a consistent topnotcher among mortgage and... Read >
Author: Jason Murphy16th July 2006
Recently I read that an annual poll taken among Americans rated Realtors as one of the least respected professional in the country. For the first time in history, Realtors fell not only to the bottom of the list, but even below non-licensed, non-governed ... Read >
Author: Scott Bradshaw12th July 2006
If Georgia is the top state for real estate frauds, Colorado real estate steals the spot for being with the most foreclosures. Colorado has the distinction of having the highest number of foreclosed homes in the nation for the second consecutive month. Th... Read >
Author: Jason Murphy18th April 2006
The State of Utah is set to enforce its new law May 1, 2006, regarding the regulation of mortgage companies that do business within the state of Utah.
The new mortgage law aims to reduce mortgage fraud within the State of Utah. As recently, Utah was ... Read >
Author: E Lopez14th August 2005
NOTE: THIS ARTICLE WAS WRITTEN AND POSTED BY DESIREE ROMAN, NOT WEBMASTER.
Since the deregulation of the mortgage industry in 1999, homeowners all across the nation are enjoying the benefits of competitive interest rates, lower closing costs and con... Read >
Author: Desiree Roman09th August 2005
Since the deregulation of the mortgage industry in 1999, homeowners all across the nation are enjoying the benefits of competitive interest rates, lower closing costs and convenient signing options, such as closings conducted right in the borrower's own h... Read >
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