Thursday, January 26, 2012

Mortgage Scam Identity Theft - Thu Jan 26, 2012


Mortgage Fraud Still Rampant
Forbes
If President Obama is serious about forming a new unit to prosecute financial and mortgage crimes, the first place he should look is at operators who are fleecing desperate homeowners. Scams that target these down-on-their-luck folks are rampant.
Commerce Department alleges real estate agent bilked mortgage lenders out of ...
Mortgage Daily
PAUL, MN – The Minnesota Department of Commerce is continuing its efforts to root out mortgage fraud in a troubled real estate market. Commissioner Mike Rothman has issued a statement of charges alleging that Steven Carver of Carver and Associates Real ...
Standard and Poor's Sued by Madigan for Enabling Financial Meltdown
LoanSafe
by Moe Bedard on January 26, 2012 in Scams Chicago (Source: Attorney General Lisa Madigan) — Attorney General Lisa Madigan today filed a lawsuit against Standard & Poor's for its fraudulent role in assigning its highest ratings to risky mortgage ...
Avoid foreclosure review scams
Lebanon Express
In November 2011, federal bank regulators ordered certain mortgage servicers to identify consumers whose homes faced foreclosure between Jan. 1, 2009, and Dec. 31, 2010. These consumers should have received a letter by the end of 2011 indicating that ...



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