Tag: mortgage fraud
fraud, fradulent borrowing

NYC Family Arrested for $20 Million Mortgage Fraud Scam, While Collecting Food Stamps

Posted: November 14, 2014 at 5:27 pm   /   Business & Investment Fraud, Consumer News, Lending Fraud, Sham Contractors & Salesmen

The following article uncovers a 10 year long mortgage fraud scheme involving a prominent New York real estate developer and 13 family members. The family reported extensive wealth to banks […]

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bank of america mortgage fraud

BofA May Have to Pay for ‘Shoddy Mortgages’

Posted: June 6, 2014 at 3:47 pm   /   Consumer News, Real Estate Fraud

For its part leading up to the financial crisis, Bank of America may have to pay at least $12 billion due to how they allegedly handled mortgages. The better news: at least $5 […]

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