WASHINGTON (AP) – The number of U.S. households on the verge of losing their homes soared by nearly 15 percent in the first half of the year as more people lost their jobs and were unable to pay their monthly mortgage bills. The mushrooming …
The two mortgage companies, under pressure to help delinquent homeowners get into more affordable mortgages, also saw loan modifications decline, the agency said. Completed loan modifications fell 12 percent in April to 13,800, largely the result of …
A Collin County judge sentenced a man to 25 years in prison Wednesday for a mortgage fraud scheme that prosecutors said caused millions in damage to a McKinney neighborhood. Assistant District Attorney Benjamin Smith asked Visiting Judge John Nelms …
LOS ANGELES – Prosecutors nationwide are filing 189 lawsuits and cease-and-desist orders against loan modification consultants accused of bilking desperate homeowners. Federal Trade Commission Chairman Jon Leibowitz and California Attorney General …
A Collin County judge sentenced a man to 25 years in prison Wednesday for a mortgage fraud scheme that prosecutors said caused millions in damage to a McKinney neighborhood. Assistant District Attorney Benjamin Smith asked Visiting Judge John Nelms …
GREAT NECK, N.Y. – Real estate manager United Capital Corp. said on Wednesday that it bought a mortgage note secured by the DoubleTree Miami Mart Hotel and Convention Center in Miami, Fla., with an eye toward owning the hotel after an auction at the …
An Ashburn real estate agent has been charged with several counts of mortgage fraud after helping more than 100 people buy houses they couldn’t afford and defrauding lenders of about $50 million, the Loudoun County sheriff said yesterday. Diane H …
ASHBURN, Va. (AP) – The Loudoun County Sheriff’s Office says an Ashburn woman has been indicted for mortgage fraud involving more than 100 homebuyers. Forty-two-year-old Diane Frederick Atari is charged with inflating the income of clients and …
LEESBURG, Va. (WUSA) — Police say Diane Atari, 42, has been indicted on charges of racketeering, money laundering, and 10 counts of mortgage fraud. There are hundreds of victims. According to the Loudoun County Sheriff’s Department, Atari used her …
Morgan Stanley chief John Mack recently made a new friend, he told shareholders in April — a Southern woman who had benefited from the big bank’s stepped-up efforts to modify loans under a new federal program aimed at keeping borrowers in their …