Nationwide Building Society has launched a 125% mortgage Britain’s biggest building society has launched a 125% mortgage, it has emerged. Nationwide said the “very niche” product was aimed at homeowners trapped in negative equity who were keen to …
The Seven Network has been ordered to pay $240,000 in defamation damages to a mortgage broker falsely portrayed as having fleeced $1 million from a dementia patient. In awarding the damages to Peter Mahommed on Thursday, Justice David Kirby said the …
Aaron Hand, president of AFG Financial Group., Inc., appears in a New York courtroom after he was indicted on charges of enterprise corruption and grand larceny, in connection with a mortgage fraud scheme involving at least $102 million, Wednesday
Detroit — Two paroled killers and a sex offender were among seven people the FBI arrested Wednesday in connection with alleged mortgage fraud schemes. Richard Ruben Watts, 40, of Detroit, and Richard Anthony Allen, 42, of Belleville, convicted …
NEW YORK — Twenty-five people, including lawyers, bankers, mortgage brokers and appraisers, and a mortgage company have been charged with committing mortgage frauds involving at least $102 million, New York City prosecutors said Wednesday. AFG …
THE Seven Network has been ordered to pay $240,000 in defamation damages to a mortgage broker falsely portrayed as having fleeced $1 million from a dementia patient. In awarding the damages to Peter Mahommed, Justice David Kirby said the elderly …
A mortgage scam hatched in Manhattan strip clubs and operated out of a Garden City office fell apart Wednesday with the indictment of 13 people – including seven Long Islanders – for defrauding lending banks out of more than $100 million, prosecutors …
Three lawyers were among 13 individuals indicted in Manhattan Wednesday on charges of operating a mortgage fraud scheme that bilked banks and other lenders out of at least $12 million. District Attorney Robert M. Morgenthau said at a news conference …
KNOXVILLE, Tenn. (WVLT) — Tracy Milani, 66, and his sister own free-and clear, the house where they grew up, in South Knox County’s Cherokee Terrace. He moved in when their mother died. But he can’t get a mortgage on it to give her, her half, in …
Negative equity mortgages are being offered to customers of Nationwide that will allow homeowners once again to borrow more than the value of their intended house purchase. Nationwide has begun offering its customers suffering from negative equity a …
