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FDIC Chairman Questions Mortgage Interest Tax Deduction (Fox News)

March 8, 2010 by admin · Leave a Comment 

The head of the Federal Deposit Insurance Corporation said mortgage interest is one of the problems for the nation’s banking crisis.

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FDIC Chairman Questions Mortgage Interest Tax Deduction (Fox News)

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Thousands Walk Away From Mortgage (WILX 10 Lansing)

March 8, 2010 by admin · Leave a Comment 

Michigan faces growing home mortgage default woes

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Thousands Walk Away From Mortgage (WILX 10 Lansing)

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Real estate agent, father charged in mortgage fraud case (The Bakersfield Californian)

March 8, 2010 by · Leave a Comment 

A Bakersfield real estate agent and her father have been charged in a mortgage fraud scheme, accused of getting kickbacks from $4.1 million in fraudulent mortgage loans that almost immediately went into default, according to legal filings. Guadalupe Ramirez, 31, and her father, Augustine Ramirez, 60, were not in custody Thursday but were each wanted on $1 million arrest warrants, according to …

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Real estate agent, father charged in mortgage fraud case (The Bakersfield Californian)

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Mortgage fraud: Bronzeville building scrutinized (WGN Radio Chicago)

March 8, 2010 by · Leave a Comment 

By Mary Ellen Podmolik | A title company, seven mortgage companies, six loan originators and two appraisers were cited by the state Monday for allegedly defrauding lenders of $7.7 million on a 27-unit condo building, all the units of which are in foreclosure.

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Mortgage fraud: Bronzeville building scrutinized (WGN Radio Chicago)

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Prison for Alexandria man for $400k mortgage scheme (Minneapolis-St. Paul Star Tribune)

March 8, 2010 by admin · Leave a Comment 

A 30-year-old man from Alexandria, Minn., was sentenced Monday to three years in prison after admitting that he concealed more than $400,000 in payments to himself and others from mortgage loan proceeds, then using some of that money to buy a motorcycle.

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Prison for Alexandria man for $400k mortgage scheme (Minneapolis-St. Paul Star Tribune)