February 14, 2012 Posted by Minnesota RealEstateRama
February 14, 2012 – (RealEstateRama) — Community Neighborhood Housing Services and BankCherokee were awarded $159,000 to rehabilitate 30 homes and help struggling homeowners with home repairs, including roof replacement, structural repairs or landsc…
Read the full article: $459,000 in housing grants for St. Paul ...
February 13, 2012 Posted by Minnesota RealEstateRama
St. Paul, MN – February 13, 2012 – (RealEstateRama) — Today, Congresswoman Betty McCollum announced that St. Paul neighborhoods recieved $459,000 in housing grants through the Federal Home Loan Bank of Des Moines Affordable Housing Program (AHP). The …
Read the full article: Congresswoman Betty McCollum Announces St. Paul Neighborhoods Receive $459,000 in Housing Grants ...
October 19, 2011 Posted by Minnesota RealEstateRama
MINNEAPOLIS, MN – October 19, 2011 – (RealEstateRama) — Earlier today in federal court, a Minnesota couple was indicted in connection with a $5 million mortgage fraud scheme. James Warren Hoffman, age 51, and his wife, Teresa Gay Hoffman, age 52, both…
Read the full article: Minnesota Couple Indicted for Orchestrating $5 Million Mortgage Fraud Scam ...
October 12, 2011 Posted by Minnesota RealEstateRama
MINNEAPOLIS, MN – October 12, 2011 – (RealEstateRama) — To date in 2011, more than a dozen people have been charged federally with mortgage fraud and related crimes in the District of Minnesota. These complex cases are the result of lengthy investigat…
Read the full article: Federal Agents Honored by U.S. Attorney for their Efforts Against Mortgage Fraud ...
September 8, 2011 Posted by Minnesota RealEstateRama
MINNEAPOLIS, MN – September 8, 2011 – (RealEstateRama) — Earlier today in federal court, a 52-year-old man was charged for his role in a $20 million mortgage fraud scheme that involved 57 properties. Douglas Rex Butler was charged via an information w…
Read the full article: Man Charged in $20 Million Mortgage Fraud Scheme ...
August 11, 2011 Posted by Minnesota RealEstateRama
MINNEAPOLIS, MN – August 11, 2011 – (RealEstateRama) — Earlier today in federal court, an Edina mortgage broker pleaded guilty for his role in a $20 million mortgage fraud scheme that involved 57 properties. Derrick Ivan Lance, age 40, of Edina, speci…
Read the full article: Mortgage Broker Pleads Guilty in $20 Million Mortgage Fraud Scheme ...
July 26, 2011 Posted by Minnesota RealEstateRama
MINNEAPOLIS, MN – July 26, 2011 – (RealEstateRama) — This past Friday in federal court, an Edina mortgage broker was charged for his role in a $20 million mortgage fraud scheme that involved 57 properties. Derrick Ivan Lance, age 40, of Edina, was charged via an information with one count of conspiracy to commit wire fraud.
Read the full article: Mortgage Broker Charged in $20 Million Mortgage Fraud Scheme ...
June 17, 2011 Posted by Minnesota RealEstateRama
MINNEAPOLIS, MN – June 17, 2011 – (RealEstateRama) — Yesterday in federal court in Minneapolis, a Maple Grove real estate appraiser and a real estate agent from St. Cloud were indicted in connection with a $1.8 million mortgage fraud scheme that involved 28 properties. Ryan Daryl Krutzig, age 31, of Maple Grove, and Jesse Scott Hoffman, age 32, of St. Cloud, were charged with five counts of wire fraud in connection to the scam. In addition, Krutzig was charged with four counts of mail fraud and two counts of money laundering.
Read the full article: Real Estate Agent and Appraiser Indicted in $1.8 Million Mortgage Fraud Scheme ...
May 25, 2011 Posted by Minnesota RealEstateRama
MINNEAPOLIS, MN – May 25, 2011 – (RealEstateRama) — Earlier today in federal court in St. Paul, a jury convicted a 44-year-old Burnsville man of conspiring with others to bilk mortgage lenders out of more than $43 million. Following a six-day trial, the jury found Troy David Chaika guilty on seven counts of wire fraud, three counts of mail fraud, and one count of conspiracy to commit wire fraud and mail fraud. Chaika was indicted on April 12, 2010
Read the full article: Federal Jury Convicts Burnsville Man of Bilking Mortgage Lenders Out of More Than $43 Million ...
May 9, 2011 Posted by Minnesota RealEstateRama
LANSING, MI – May 9, 2011 – (RealEstateRama) — Attorney General Bill Schuette today announced his support for proposed legislative reforms intended to strengthen the hand of prosecutors and law enforcement to combat mortgage fraud. Schuette joins State Senator James Marleau (R-Lake Orion), Secretary of State Ruth Johnson and Oakland County Register of Deeds Bill Bullard, who came together this morning to support legislative reforms in light of recent allegations of fraudulent mortgage documents filed in Michigan
Read the full article: Schuette Announces Support for Proposed Legislative Reforms to Help Prosecutors, Law Enforcement Combat Mortgage Fraud ...