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Posts Tagged ‘fraud’


CoreLogic Releases 2010 Mortgage Fraud Trends Report

July 16th, 2010

CoreLogic Releases 2010 Mortgage Fraud Trends Report CoreLogic , a leading provider of consumer, financial and property information and business services, today announced the release of its 2010 Mortgage Fraud Trends Report, a detailed analysis of US mortgage fraud rates and trends. Read more on PR Newswire via Yahoo! Finance

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S.E.C. Accuses Firm of Fraud in Mortgage Deals

June 22nd, 2010

S.E.C. Accuses Firm of Fraud in Mortgage Deals The case involves a new type of target for the S.E.C. in its pursuit of wrongdoing in the mortgage market. Read more on New York Times

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Richmond man gets 5 yrs for mortgage fraud

May 25th, 2010

Richmond man gets 5 yrs for mortgage fraud RICHMOND, VA. — A Richmond man has been sentenced to five years in prison for a mortgage fraud scheme. U.S. District Judge James R. Spencer on Monday also ordered 55-year-old Robert S. Capehart to pay nearly $2 million in restitution. Capehart pleaded guilty to one count of [...]

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Chico Home Builder Admits to Mortgage Fraud Scheme

May 23rd, 2010

Chico Home Builder Admits to Mortgage Fraud Scheme The largest home builder in the Chico area agrees to plead “guilty” in a builder bailout mortgage fraud scheme. The investigation has been ongoing for about three years. Read more on KHSL Chico-Redding

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Ringleader of Va. mortgage fraud gets 5 years

May 8th, 2010

Ringleader of Va. mortgage fraud gets 5 years Rojas, 30, a real estate agent from Vienna, Va., was sentenced to five years in prison Friday in U.S. District Court for his role as the ringleader in a massive mortgage fraud scheme. Read more on WTOP Radio Washington, DC

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Canadian MP accused in massive mortgage fraud

May 7th, 2010

Canadian MP accused in massive mortgage fraud A Conservative lawmaker accused in what the Bank of Montreal calls one of Canada’s biggest mortgage frauds denied any wrongdoing Thursday. Read more on AFP via Yahoo! News

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Goldman Sachs FRAUD Charges Filed By SEC Over Subprime Mortgage Securities

April 18th, 2010

Goldman Sachs FRAUD Charges Filed By SEC Over Subprime Mortgage Securities What’s Your Reaction? The Securities and Exchange Commission has charged Goldman Sachs with civil fraud over its controversial collaterized debt obligations tied to the subprime mortgage market. Read more on The Huffington Post

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Goldman accused of fraud linked to mortgage crisis

April 17th, 2010

Goldman accused of fraud linked to mortgage crisis A US watchdog on Friday charged top investment firm Goldman Sachs with fraud over the sale of a complex mortgage product like those blamed for the financial meltdown. Read more on AFP via Yahoo! News

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SEC accuses Goldman Sachs of fraud in subprime mortgage meltdown

April 16th, 2010

SEC accuses Goldman Sachs of fraud in subprime mortgage meltdown The civil charges relate to Goldman Sach’s creation of collateralized debt obligations — a exotic mortgage-backed security — before the financial crisis. Goldman denies any wrongdoing. Wall Street’s preeminent investment bank, Goldman Sachs, was charged Friday by the government with fraud in marketing exotic mortgage-backed [...]

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