By admin, on December 12th, 2009
Department of Justice Press Release
Scam Involved Lawyers, Mortgage Brokers, and More Than $14.6 Million in Loans
PHILADELPHIA—A 15-count indictment was filed today against five defendants charged in a $14.6 million mortgage fraud scheme that resulted in at least 35 fraudulent mortgage loans, announced United States Attorney Michael L. Levy, Special Agent-in-Charge of the FBI Janice K. [...]
By admin, on November 21st, 2009
Joy Jackson Personally Responsible for Over $16 Million in Losses to Mortgage Lenders; Used Over $800,000 of Fraudulently Obtained Proceeds to Pay for Her Wedding
U.S. District Judge Roger W. Titus sentenced the president of the Metropolitan Money Store, Joy Jackson, age 41, of Fort Washington, Maryland, today to 151 months in [...]
By admin, on November 8th, 2009
Department of Justice Press Release
TAMPA—United States Attorney A. Brian Albritton today announced the results of a nine-month-long Mortgage Fraud Surge investigation that has resulted in charges against more than 100 defendants and involves allegations concerning more than $400 million in loans procured by fraud and more than 700 properties. U.S. Attorney Albritton is [...]
By admin, on October 17th, 2009
Department of Justice Press Release
PREET BHARARA, the United States Attorney for the Southern District of New York, JOSEPH M. DEMAREST, JR., the Assistant Director-in-Charge of the New York Field Division of the Federal Bureau of Investigation (“FBI”), RICHARD H. NEIMAN, the Superintendent of Banks for New York State, RENE FEBLES, the Special Agent-in-Charge of the [...]
By Dennis Norman, on September 12th, 2009
PHOENIX—Mario Bernadel, 51, of Phoenix, was convicted yesterday on 19 counts of Conspiracy to Commit Mail, Wire, and Bank Fraud; Mail Fraud; Wire Fraud; Bank Fraud, and Transactional Money Laundering as a result of his involvement in a cash back mortgage fraud scheme. Sentencing is set before U.S. District Judge Stephen M. McNamee [...]
By Dennis Norman, on July 8th, 2009
Dennis Norman
By: Dennis Norman
Monday I did the first post of a series of my E-View with Frank Gregoire, a Florida appraiser and author of Appraiser Active.
Florida Governor Jeb Bush appointed Frank to the Florida Real Estate Appraisal Board where he served for eight years as a member, four of which as Chairman.
Francois (Frank) K. [...]
By Dennis Norman, on July 6th, 2009
Dennis Norman
In April I did a couple of posts on the Home Valuation Code of Conduct (HVCC)and found out that this was a popular, as well as controversial, topic. Among the comments I received on the topic was a very detailed and authoritative comment from an appraiser in Florida, Frank Gregoire. After checking out Frank’s blog, Appraiser Active, I [...]