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Fraud News: Former Sacramento mortgage lender indicted for fraud
3 Sep 2010 at 8:32pm
SACRAMENTO - The former president of a Sacramento mortgage and lending company was arrested Friday after a federal grand jury handed down a nine-count indictment alleging fraud and money laundering.
Fraud News: Romeo man pleads guilty in mortgage fraud scheme
3 Sep 2010 at 6:42pm
Detroit -- A Romeo man pleaded guilty today in federal court to conspiracy to commit wire fraud involving a mortgage scheme and faces up to 20 years in prison and a $250,000 fine.
Fraud News: Mortgage-fraud suspect surrenders
2 Sep 2010 at 4:49pm
A federal magistrate allowed Laura Jean Arvelo to remain free on an unsecured $250,000 personal recognizance bond Thursday, just two days after she was indicted ? along with a former Bergen County financing agency chairman ? on a litany of fraud c...
Broker News: Allied Home Mortgage Capital Corporation Opens New Branch in Gloucester Count...
1 Sep 2010 at 1:26pm
HOUSTON----Allied Home Mortgage Capital Corporation, the nation?s largest privately held mortgage banker and broker , announced today it is opening a new home loan branch office in Gloucester County, NJ near Woolwich Township? one of the fastest g...
Broker News: Ex-IU player Leary accused of stealing appliances
3 Sep 2010 at 3:23am
INDIANAPOLIS (AP) ? Former Indiana University basketball player Todd Leary, who is facing up to three years in prison for his role in a mortgage fraud scheme, appeared in court in Noblesville on Thursday on charges that he stole appliances from fo...
Broker News: Dick Fuld in exile
2 Sep 2010 at 10:41am
Ever since Lehman Brothers imploded and filed for the largest bankruptcy in history nearly two years ago, the firm's former chairman and CEO, Dick Fuld, has been a little on edge.