Wednesday, December 21, 2011

Mortgage Scams Identity Theft News - Wed Dec 21, 2011


Northbrook Firm Charged In Mortgage Scam Crackdown
Patch.com
The Northbrook-based company is just one of several around the Chicago area that the attorney general's office has targeted as part of a crackdown on mortgage scams. On Monday, the attorney general's office also filed suit against a Midlothian-based ...
Del Mar residents among defendants in loan modification scam
Del Mar Times
FBI Special Agent in Charge Keith Slotter commented, “Mortgage fraud losses cost taxpayers billions of dollars every year and is a threat to our national economy. The defendants in this case preyed upon those who were desperate and in vulnerable ...
17 News Investigation: homeowners say they were scammed
KGET 17
They too now face foreclosure after signing a contract with Yong to modify their mortgage. "He come to you, like I want to be your friend, sweet talk you," explained Salas. "And, you trust him, you follow. Right now, on money, I am down to zero so I ...
La Mesa Realtor Among Latest Targeted in Fake BBB Email Scam
Patch.com
On Friday, the Securities and Exchange Commission charged six former executives of Fannie Mae and Freddie Mac with securities fraud for misrepresenting their holdings of high-risk mortgageloans. In a statement SEC enforcement chief Rober Khuzami said: ...

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