CFO SINK APPLAUDS DIVISION OF INSURANCE FRAUD WORK ON “MORTGAGE FRAUD SURGE”

Posted by Florida RealEstateRama
November 4, 2009
TALLAHASSEE, FL - November 4, 2009 - (RealEstateRama) -- Florida CFO Alex Sink today commended the contributions of her Division of Insurance Fraud in the “Mortgage Fraud Surge”, a nine-month joint effort with the U.S. Attorney Brian Albritton, the FBI and numerous other federal, state and local law enforcement agencies to secure as many mortgage-fraud related indictments and arrests as possible.

Full article: CFO SINK APPLAUDS DIVISION OF INSURANCE FRAUD WORK ON “MORTGAGE FRAUD SURGE” ...

Press Releases || Mortgage

Related posts:

  • CFO Sink Announces Joint Investigation Arrests in Mortgage Fraud Crackdown
    TALLAHASSEE, FL - July 16, 2010 - (RealEstateRama) -- Florida CFO Alex Sink today announced the arrests of six criminals involved in a mortgage fraud scam that resulted in more than $2 million in fraudulent mortgages. The arrests are the result of a joint investigation by the Department of Financial Services’ Division of Insurance Fraud (DIF), the U.S. Immigration and...
  • Attorney General Calls for Cooperative Approach to State’s Mortgage Fraud Issues
    TALLAHASSEE, FL - March 26, 2009 - (RealEstateRama) — Attorney General Bill McCollum today announced that he has sent a letter to several state agencies and associations, including the Florida Department of Law Enforcement, the Office of Financial Regulation, the Department of Business and Professional Regulation and the Florida Bar, calling for a cooperative approach to the state’s mortgage fraud...
  • Financial Fraud Enforcement Task Force Hosts Mortgage Fraud Summit in Detroit
    WASHINGTON, DC - April 26, 2010 - (RealEstateRama) -- Representatives of the Financial Fraud Enforcement Task Force met in Detroit today for the third of a series of Mortgage Fraud Summits. The task force, established by President Barack Obama in November 2009 to wage an aggressive, coordinated, and proactive effort to investigate and prosecute financial crimes, is composed of representatives...
  • Ten Arrested in Multi-Million Dollar Mortgage Fraud and Identity Theft Enterprise
    TALLAHASSEE, FL - July 2, 2010 - (RealEstateRama) -- Attorney General Bill McCollum and the Florida Department of Law Enforcement (FDLE) Commissioner Gerald Bailey today announce the arrest of 10 members of a criminal mortgage fraud and identity theft operation. The group is charged with defrauding numerous financial institutions out of more than $8 million, and using the identities of...
  • Governor Introduces Mortgage Fraud Legislation
    ATLANTA, GA - February 5, 2010 - (RealEstateRama) -- Governor Sonny Perdue announced today that Senator Bill Cowsert, one of the Governor’s Senate Floor Leaders, has introduced mortgage fraud legislation that would grant the Georgia Bureau of Investigation (GBI) jurisdiction to initiate investigations on offenses related to mortgage fraud. The legislation would create a mortgage fraud unit by partnering GBI,...

4

Articles Category: Mortgage
  • Loan Officer Charged in Mortgage Fraud Scheme
    Pittsburgh, PA - July 27, 2010 - (RealEstateRama) -- Acting United States Attorney Robert S. Cessar announced today, July 27, 2010, that Mark Hipsley of Pittsburgh, Pennsylvania, has been indicted by a federal grand jury in Pittsburgh,
  • Federal Agencies Issue Final Rules to Implement S.A.F.E. Act Requirements for Registration of Mortgage Loan Originators
    July 28, 2010 - (RealEstateRama) -- Federal agencies issued final rules today requiring residential mortgage loan originators who are employees of national and state banks, savings associations, Farm Credit System institutions, credit unions, and certain of their subsidiaries (agency-regulated institutions) to meet the registration requirements of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008 (S.A.F.E. Act). The final rules are being issued by the Office of the Comptroller of the Currency, Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, Office of Thrift Supervision, Farm Credit Administration, and National Credit Union Administration (the agencies)
  • Federal Housing Finance Agency Reports Mortgage Interest Rates
    Washington, DC - July 27, 2010 - (RealEstateRama) -- The Federal Housing Finance Agency today reported that the National Average Contract Mortgage Rate for the Purchase of Previously Occupied Homes by Combined Lenders, used as an index in some ARM contracts, was 4.91 percent based on loans closed in June. This is a decrease of 0.08 percent from the previous month
  • Atlanta Congressmen Join Forces with HUD and Treasury to Prevent Home Foreclosures
    Atlanta, GA - July 26, 2010 - (RealEstateRama) -- Congressmen John Lewis, David Scott, and Hank Johnson are proud to announce their upcoming event to assist Atlanta area homeowners who may be struggling with their mortgages. The three members are joining forces with the U. S. Department of Housing and Urban Development, the U.S. Department of the Treasury, The Hope Now Alliance and NeighborWorks America for the "Help for Homeowners" project scheduled for Friday, July 30th 1:00PM to 7:30PM and Saturday, July 31st from 8:30AM to 3:00PM, at the Atlanta Marriott Marquis, 265 Peachtree Center Avenue. HUD Secretary Shaun Donovan will also be in attendance on Saturday, July 31st.
  • New Mortgage Industry Association Has Been Formed To Promote Thought Leadership And Innovation

    WILTON, CT - July 26, 2010 - (RealEstateRama) — The mortgage industry is going through sweeping change. Now is the time for all mortgage industry participants to gather and discuss new ideas, new automation strategies and new processes to move the mortgage industry forward. PROGRESS in Lending Association fills this void and provides a place for innovation and thought leadership to occur