A federal judge in Delaware has sentenced a former Maryland doctor to 2½ years in. Prosecutors say he entered into an illegal scheme with a former loan officer at Citibank and WSFS and recruited.
In Chicago, a notoriously corrupt city, attorney Robert Lattas admitted his role in a $22.9 million mortgage fraud. Most mortgage fraud featured on this site deals with making a quick buck and riding into the sunset. That wasn’t the case in this deal, where Lattas sent knowingly fraudulent pricing and documents to banks to help push through.
Less than three months after being convicted of bank fraud, Chicago real estate developer Laurance Freed has asked a judge to toss out the verdict or grant him new trial, arguing that prosecutors.
CHICAGO – A federal jury today convicted the president of a chicago real estate firm on fraud charges relating to a $105 million line of credit for city and suburban properties, including a former Goldblatt’s Department Store on the North Side and the Streets of Woodfield Mall in Schaumburg.
Record issuance of non-QM securities in the first quarter In the equity markets, 2017 was a year for the record books. Continuing the positive trend at the end of 2016, this year started off strong and kept going. This historic performance was supported by a solid economy with US Q3 GDP growth at 3.2%, the highest quarter in over two and a half years.CoreLogic adds self-service option to condo data service CoreLogic recently completed a two-part series of articles. He talked about a radio call-in show he recently listened to where listeners didn’t know about low downpayment options, the flexibility.
Two Suburban Developers And An Attorney Among Six Defendants Charged With Mortgage Fraud . CHICAGO- A federal grand jury returned a 25-count indictment yesterday charging six defendants with devising and participating in a mortgage fraud scheme which caused more than $16 million in losses to banks, mortgage lenders, Fannie Mae, and Freddie Mac.
McLean Mortgage halts M&A talks with Congressional Bank Mortgage News. CFPB’s Kraninger digs in over halt to military lending exams. Mortgage News.. The MLA, enacted by Congress in 2006, initially applied to a narrow range of payday, auto title and tax-refund anticipation loans.. when acting cfpb director mick Mulvaney put a halt to them.
A Palos Park lawyer was sentenced Wednesday in federal court for his role in a mortgage fraud scheme involving over 40 homes in the Englewood area. , 50, of Palos Park, faces nine years in jail.
· politics & government cook county judge convicted Of Mortgage Fraud By Federal Jury Found guilty of a felony, Judge Jessica Arong O’Brien.
CHICAGO – A Chicago real estate developer was. on three counts of bank fraud, one count of mail fraud and four counts of making a false statement to a financial institution. The conviction carries.
CHICAGO – A federal jury today convicted the president of a Chicago real estate firm on fraud charges relating to a $105 million line of credit for city and suburban properties, including a former Goldblatt’s Department Store on the North Side and the Streets of Woodfield Mall in Schaumburg.