A judge has given federal prosecutors more time to track down alleged victims who lost money or were duped by North Texas-based United Development Funding and the firmโs executives who were convicted of misusing proceeds from investors and financial institutions in a Ponzi-like scheme involving loans to residential housing developers across Texas.
A judge has given federal prosecutors more time to track down alleged victims who lost money or were duped by North Texas-based United Development Funding and the firmโs executives who were convicted of misusing proceeds from investors and financial institutions in a Ponzi-like scheme involving loans to residential housing developers across Texas.
Industry News
2 N.Y. Men Plead Guilty To Mortgage Fraud In Conn.
Katie Jensen
Jul 13, 2022
BH Property Management employees overstated the value of multifamily housing properties in Hartford.
KEY TAKEAWAYS
Jacob Duetsch, 57, of Brooklyn, N.Y., pleaded guilty to a charge stemming from a wide-rangi...
Industry News
2 N.Y. Men Plead Guilty To Mortgage Fraud In Conn.
Katie Jensen
Jul 13, 2022
BH Property Management employees overstated the value of multifamily housing properties in Hartford.
KEY TAKEAWAYS
Jacob Duetsch, 57, of Brooklyn, N.Y., pleaded guilty to a charge stemming from a wide-rangi...
If the Fed said they would buy mortgage backed securities, mortgage rates would fall even if the 10-year doesn't go lower.
The post The case for mortgage rates to fall in 2023 appeared first on HousingWire.
If the Fed said they would buy mortgage backed securities, mortgage rates would fall even if the 10-year doesn't go lower.
The post The case for mortgage rates to fall in 2023 appeared first on HousingWire.
Three alleged charlatans from Houston have been nabbed by federal authorities and taken into custody on charges related to mortgage fraud, credit repair and government loan fraud.
The post Houston fugitives in custody on mortgage fraud charges appeared first on HousingWire.
Three alleged charlatans from Houston have been nabbed by federal authorities and taken into custody on charges related to mortgage fraud, credit repair and government loan fraud.
The post Houston fugitives in custody on mortgage fraud charges appeared first on HousingWire.
Industry News
3 Fugitives Arrested In Massive Mortgage Fraud Scheme
Keith Griffin
Jul 25, 2022
Trio allegedly involved in mortgage, credit repair, and government loan fraud.
Three fugitives on the run since January were taken into custody by federal law enforcement Friday in Houston. They stand accused of ...
Industry News
3 Fugitives Arrested In Massive Mortgage Fraud Scheme
Keith Griffin
Jul 25, 2022
Trio allegedly involved in mortgage, credit repair, and government loan fraud.
Three fugitives on the run since January were taken into custody by federal law enforcement Friday in Houston. They stand accused of ...
A LexisNexis Risk Solutions report analyzing trends in mortgage fraud shows fraud costs come mainly from online and mobile home purchases.
The post Increase in mobile, online home purchases fuel mortgage-related fraud appeared first on HousingWire.
A LexisNexis Risk Solutions report analyzing trends in mortgage fraud shows fraud costs come mainly from online and mobile home purchases.
The post Increase in mobile, online home purchases fuel mortgage-related fraud appeared first on HousingWire.
A 50-year-old Salem, Massachusetts man who orchestrated a 10-year mortgage fraud scheme involving fraudulent loan transactions totaling $6.5 million and more than $3.8 million in losses to lenders was convicted by a federal jury in Boston, the U.S. Attorney's Office announced.George Kritopoulos was convicted on Friday, May 27, of one count of conspiracy, two counts of wire fraud, six counts of bank fraud, one count of aiding the preparation of a false income tax return and one count of obstruct...
A 50-year-old Salem, Massachusetts man who orchestrated a 10-year mortgage fraud scheme involving fraudulent loan transactions totaling $6.5 million and more than $3.8 million in losses to lenders was convicted by a federal jury in Boston, the U.S. Attorney's Office announced.George Kritopoulos was convicted on Friday, May 27, of one count of conspiracy, two counts of wire fraud, six counts of bank fraud, one count of aiding the preparation of a false income tax return and one count of obstruct...
