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Terry Goddard Announces Settlements in Real Estate Fraud Case
March 17, 2010 Posted by Arizona RealEstateRama
Phoenix, AZ - March 17, 2010 - (RealEstateRama) — Attorney General Terry Goddard today announced a $120,000 settlement with several defendants for their roles in a real estate scheme in Pima County that deceived novice investors, financial lenders and unqualified home buyers
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Forty Indicted in Major East Texas Mortgage Fraud Scheme
March 17, 2010 Posted by Texas RealEstateRama
PLANO, TX - March 16, 2010 - (RealEstateRama) — U.S. Attorney John M. Bales announced today that 40 individuals have been arrested and charged in connection with a major mortgage fraud scheme in the Eastern District of Texas.
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Mortgage Fraud Leader Sentenced to Nearly 17 Years in Prison
March 16, 2010 Posted by Arizona RealEstateRama
PHOENIX, AZ - March 16, 2010 - (RealEstateRama) — Mario G. Bernadel, 51, a citizen of Haiti, was sentenced today to nearly 17 years in prison for his conviction on multiple counts for leading a mortgage fraud scheme in Phoenix that cost banks over $9 million.
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Fattah Asks Sen. Dodd to Add Mortgage Emergency Assistance to Senate Bill
March 15, 2010 Posted by Pennsylvania RealEstateRama
WASHINGTON, D.C. - March 15, 2010 - (RealEstateRama) — In a letter to Senate Banking Committee Chairman Chris Dodd (D-Conn.), Congressman Chaka Fattah (D-PA) asked that new Senate regulations on the financial services industry include Fattah’s mortgage relief provisions that are contained in H.R. 4173, the Wall Street and Consumer Protection Act of 2009.
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Bureau of Financial Institutions Announces Continued Modest Increase in Home Foreclosures, But Increase in New Mortgage Loans
March 15, 2010 Posted by Maine RealEstateRama
March 15, 2010 - (RealEstateRama) — Bureau of Financial Institutions Superintendent Lloyd P. LaFountain, III announced this week that fourth quarter 2009 data submitted by Maine-chartered banks and credit unions shows a continuing increase in home foreclosures in Maine. In general, foreclosure activity at Maine banks and credit unions appears to be lower than in many other states and it does not pose a threat to the stability of Maine-chartered financial institutions.
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Attorney General McCollum Hosts South Florida Community Forum on Housing Issue
March 15, 2010 Posted by Florida RealEstateRama
MIAMI, FL - March 15, 2010 - (RealEstateRama) — Attorney General Bill McCollum and the Florida Interagency Mortgage Task Force today hosted a community forum in Miami to discuss the housing crisis. The event was designed to present a comprehensive approach for dealing with housing-related issues and provide information and assistance to consumers. Participating agencies included state agencies, law enforcement and regulatory authorities
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DCA & HMFA Welcome Voorhees to Live Where You Work Homebuyer Program
March 13, 2010 Posted by DCA
VOORHEES, N.J. - March 11, 2010 - (RealEstateRama) — Voorhees Township Mayor Michael Mignogna today joined representatives of the New Jersey Housing and Mortgage Finance Agency (HMFA) at the Community Center at Lions Lake, 101 Dutchtown Road, to announce that the township is the newest member of the Live Where You Work program.
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Federal Mortgage Fraud Charges Filed Against Owner and Employees of Former Nevada Investment Companies
March 11, 2010 Posted by Nevada RealEstateRama
LAS VEGAS, NV - March 10, 2010 - (RealEstateRama) — A man who owned and operated numerous now-defunct Nevada investment companies, and two of his former employees, were indicted by the federal grand jury today on mortgage fraud charges, announced Daniel G. Bogden, United States Attorney for the District of Nevada.
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McDonald’s Homeowners’ Foreclosure Assistance Bill Receives Praise, Support at Public Hearing
March 4, 2010 Posted by Connecticut RealEstateRama
March 4, 2010 - (RealEstateRama) — A bill by State Senator Andrew J. McDonald (D-Stamford) that is designed to make banks and other financial institutions work more closely with homeowners during foreclosure proceedings received a strong outpouring of support today during its public hearing before the Judiciary Committee
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Department of Banking and Finance’s Order to Cease and Desist Issued to Nathan Livingston
March 3, 2010 Posted by Georgia RealEstateRama
Atlanta, GA - March 3, 2010 - (RealEstateRama) — On February 26, 2010, an Order to Cease and Desist issued by the Georgia Department of Banking and Finance (”Department”) to Nathan Livingston d/b/a Loan Help Solutions d/b/a www.loanhelpsolutions.net d/b/a Mortgage Help Solutions located at 160 Clairemont Avenue, Suite 200, Decatur, Georgia 30030 became final
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