Mortgage Fraud Foreclosure Fraud Audits Daily News Update ⋅ April 30, 2021

 
     
 

Jury begins deliberations in Hild’s trial for fraud charges over bond pricing

RichmondBizSense

Jury deliberations in the embattled local mortgage executive’s criminal fraud trial in Manhattan federal court begin today. The founder and former CEO …

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Alderman Patrick Daley Thompson Indicted On Federal Tax Fraud Charges

Block Club Chicago

Thompson is also accused of filing five years of false income tax returns, … The next year, he claimed to have paid $34,735 in mortgage interest he …

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Women’s White Collar Defense Association to launch chapter in Quebec

Canadian Lawyer Magazine

… money laundering, corporate fraud, securities and commodities fraud, mortgage fraud, financial institution fraud, bank fraud and embezzlement, and …

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Christian W. Hancock

The National Law Review

Her work with mortgage servicing and financial institution clients has given … loan-repurchase disputes, REO-related disputes and mortgage fraud.

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Kamala Harris to be 1st vice president with Madame Tussauds wax figure

Rapid City Journal

… listen as mortgage fraud victim Jacqueline Marcelos speaks at a roundtable of foreclosure victims at Mission Economic Development Agency in San …

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Fresno orthodontist’s wife indicted on $400K tax fraud, other financial crimes

Fresno Bee

To obtain a $1.4 million home mortgage refinance loan in 2015, Rose lied on the application about how much they had in savings, authorities said.

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Feds: Two Chick-fil-A managers stole hundreds of thousands of dollars

Atlanta Business Chronicle

In January 2020, for example, Black applied for a mortgage loan for which he allegedly forged payroll records and made misrepresentations regarding …

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SHAREHOLDER ALERT: WeissLaw LLP Investigates Tremont Mortgage Trust

Law.com

SHAREHOLDER ALERT: WeissLaw LLP Investigates Tremont Mortgage Trust … with the proposed acquisition of the Company by RMR Mortgage Trust . … of corporate assets, accounting fraud, or materially misleading information), …

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BX Commercial Mortgage Trust 2021-VINO — Moody’s assigns provisional ratings to six CMBS …

Yahoo Finance

The Moody’s LTV ratio for the first-mortgage balance is 157.8%. … person or entity, including but not limited to by any negligence (but excluding fraud, …

OP Mortgage Bank – Mortgage Covered Bonds 3 — Moody’s assigns provisional (P)Aaa to OP … – Yahoo Finance

Full Coverage

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Grasshopper Bank in New York hires former Radius CEO as next leader

American Banker

… professionals it’s hiring, retrain workers, collaborate with fintechs and overhaul everything from mortgage lending to fighting debit card fraud.

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Oro Valley music venue promoter is indicted on fraud charges

Your Valley

By appointment only + Nexa Mortgage -Scottsdale Team Scottsdale I am your virtual loan officer, available over the phone or video to answer your …

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Federal jury deliberating role that former Live Well Financial’s CEO had in alleged bond scheme

Richmond.com

… bank fraud in what federal prosecutors allege was a scheme to fraudulently inflate the value of the company’s portfolio of complex reverse-mortgage …

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Fraud Detection and Prevention Market Forecast Analysis, Consumption Growth Rate up to 2027 …

NeighborWebSJ

The Fraud Detection and Prevention investigation covers substantial data making the record the right source for economists … Deed & Mortgage Fraud

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Rising threat of financial crime drives demand for anti-money laundering tools

Mortgage Finance Gazette Online

… Regulation · – Funding · – Arrears · – Insurance · – Fraud · – Surveying · – Company news · – Savings · Lending news · – Second charge mortgages …

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Aggregator offers in-house loan processing support

The Adviser

An aggregator has introduced an option for brokers to have their loans processed in-house, which includes fraud prevention processes. Finsure Group …

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Court slaps injunction on Stanbic Bank AGM

Modern Ghana

The injunction follows a suit filed by Union Mortgage Bank Limited and a … allotted to him by the bank is false and is part of the fraud complained of.

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Tom Slater of Scottish Mortgage: growth, the pandemic, and the importance of optimism

MoneyWeek

Too embarrassed to ask: what is a Ponzi scheme? Probably the best-known type of financial fraud is the Ponzi scheme. Here’s how it works. 27 Apr 2021.

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Two Former Employees Indicted for Scheme to Steal Funds

STL.News

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Daughter launches fundraiser for Sheffield mum scammed out of savings in telephone call

The Star

She is so close to paying off her mortgage and this will set her back years. “Thank you so much for reading this far and any donation however small …

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Reverse Mortgage and LiveWell Financial CEO Looking at New Housing – In a Jail Cell | Laws In …

Laws In Texas

Hild’s fraud trial. Hild, 46, schemed with other Live Well executives to increase the reported value of a pool of bonds used as collateral for loans, …

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The Impact of COVID-19 on the Mortgage Application Fraud Market Thrives Worldwide with …

World Today News

The main part of our research study covers the basic overview of the global Mortgage Application Fraud market. The report contains the scope, size, …

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  Foreclosure Daily Update ⋅ April 30, 2021  
     
 

Maryland residential foreclosure moratorium extended through June 30

WDVM 25

(WDVM) — The moratorium on new residential foreclosures has been extended through the end of June. The moratorium was originally scheduled to …

     
 
 

How Do Foreclosures Continue To Rise Despite Federal Bans?

Motley Fool

Foreclosures despite bans. While it’s true most homeowners can’t be foreclosed on right now, the protections really depend on what type of loan the …

     
 
 

Lien Priority Statutes And Why They Make Sense

JD Supra

The bank alleged that the statute only required it to “initiate a foreclosure action” and that it had already done so. The trial court agreed with the bank and …

     
 
 

Lien Priority Statutes And Why They Make Sense

JD Supra

‘” In this case, five days after the association recorded its lien, the bank filed a judicial foreclosure action against the unit, but did not name the …

     
 
 

Nutter Bank Report: April 2021

JD Supra

Headlines. CFPB Takes Steps to Avoid a Possible Wave of Home Mortgage Loan Foreclosures; CFPB Issues Interim Final Rule to Support CDC …

     
 
 

Emergency housing assistance plan heads to Pritzker’s desk

week.com

Many people realize the moratoriums on evictions and foreclosures will come to an end soon. Democrats wanted to have a solution ready.

     
 
 

Don’t Be Cruel: Appellate Division Upholds Waiver of Fiduciary Duties But Denies Motion to …

Lexology

After the Sponsor failed to timely object to the strict foreclosure, 111 West 57th Investment LLC (the “Plaintiff”) filed an action for a preliminary injunction …

     
 
 

Company says foreclosure would disrupt oxygen supply for hospital and clinics

KUAM.com

The company’s motion seeks to halt the foreclosure and prevent the bank from “unilaterally suspending” the funds in its accounts at the bank.

     
 
 

Emergency housing assistance plan heads to Pritzker’s desk

WSIL TV

It also temporarily stops foreclosure proceedings and filings through May 1. The measure also puts a hold on judicial sales of properties until July 31.

     
 
 

Economics In Brief: California Law to Slow Down the Big Investor Housing Grab Passes First Test

Next City

Thanks to SB 1079, made law in California last year, existing tenants of foreclosed properties have the chance to match any winning bids at foreclosure …

     
 
 

DeSoto Square Mall, Manatee County’s only indoor shopping center, to close permanently

Sarasota Herald-Tribune

The mall was bought out of foreclosure in 2012, with promises of major redevelopment. It changed hands again in late 2016, and by 2018, it was back …

     
 
 

Historically Black Neighborhoods Fear Gentrification Will Push People Out

KATC Lafayette News

… known as ‘the block’ and ‘La Place’ leaders say unpaid taxes, liens, need for repairs and foreclosure are all reasons people are losing their homes.

     
 
 

Pinnacle at Tutwiler Farm sells to Texas investors in $11.5M deal

Birmingham Business Journal

Wells Fargo, which acquired the retail center in a deed in lieu of foreclosure transaction in 2018, sold the Pinnacle at Tutwiler Farms at a Ten-Z Auction …

     
 
 

VHFA to reopen Mortgage Assistance Program

Vermont Biz

Although a state foreclosure moratorium remains in place through at least mid-June, its eventual expiration and reduction of federal benefits will leave …

     
 
 

KBRA Credit Profile Releases Research – Brookfield Property Partners Walks Away From CMBS …

Business Wire

… wherein BPY has stipulated to friendly foreclosure: Florence Mall ($90 million), Bayshore Mall ($43.6 million) and Pierre Bossier Mall ($41 million).

     
 
 

Columbiana County Common Pleas

The Review

County Treasurer vs. Stephen J. Lee, et al., foreclosure ordered for property on Potts Lane and Sly Alley, East Liverpool. NEWSLETTER. Today’s …

     
 
 

ATG NEWS RELEASE: HAWAII ATTORNEY GENERAL JOINS A COALITION OF 41 ATTORNEYS …

David Y. Ige | Newsroom

… Americans including victims of natural disasters, survivors of domestic violence, families facing foreclosure, and veterans accessing earned benefits.

     
 
 

Pros and cons of home loan overdraft facility

Livemint

… helps home loan borrowers retain liquidity, which would be compromised if they opt for partial prepayment or foreclosure of the home loan instead.

     
 
 

Cleveland city councilwoman Phyllis Cleveland resigning due to health issues

WKYC.com

… County Prosecutor and a Judicial staff attorney, and a magistrate in the Foreclosure Department of Cuyahoga County Common Pleas Court.

     
 
 

Dunedin homeowner has to pay $30K in fines for tall grass, federal judge says

ABC Action News

At one point, code enforcement was fining Ficken $500 a day and threatened foreclosure. Ficken sued the city and a lower court agreed he shouldn’t …

     
 
 

Scottsdale firm partners with HGTV star Tarek El Moussa for real estate investments

ABC15 Arizona

Chris Hanson, founder of Hanson Capital Group LLC, started his company in 2008, buying houses from foreclosure. Since then, the company has …

     
 
 

A look at Biden’s first 100 days and his impact on housing

HousingWire

He quickly moved to extend the federal eviction and foreclosure moratoriums — twice — and distributed through Congress $27 billion in emergency …

     
 
 

Is now the time to refinance? Homeowners can save thousands by taking advantage of low interest …

KGO-TV

“I am concerned that the bank will refuse payments after a refinance and cause a foreclosure on the house,” Wouters says. “I’ve had that happen to a …

     
 
 

New York Eviction Moratorium Expected to be Extended to Aug. 31

THE CITY

As we said, foreclosures and tax lien sales also remain on pause with the moratorium extension. The state budget that created the rent relief program …

     
 
 

Medallion Bank Reports 2021 First Quarter Results and Declares Series F Preferred Stock Dividend

StreetInsider.com

… medallion lending segment, which includes loan collateral in process of foreclosure and remarketed assets, was $42.6 million, or 3% of total assets, …

     
 
 

Desoto Square Mall Closing Permanently Friday: Report

Patch.com

After being bought out of foreclosure in 2012, redevelopment plans were announced, but never came about. Subscribe. It changed hands again in 2017, …

     
 
 

Christian W. Hancock

The National Law Review

… as foreclosure and eviction moratoriums. She hosts a weekly WebEx for Bradley’s financial services clients on COVID-19 mortgage servicing issues.

     
 
 

Her husband lived a hidden life for years

Sentinel & Enterprise

My problem is that her children exploit her financially. I won’t go into the details, but her decisions to continually help them have led to foreclosure and …

     
 
 

TV highlights for April 30: ‘Mosquito Coast’ debuts on Apple TV+

Kenosha News

Mom Margot (Melissa George) can’t seem to hide the foreclosure notices. And when unmarked cars start tailing them, Allie knows it’s time to run. Again …

‘Mosquito Coast’ on Apple TV+ – The Union Leader

Full Coverage

     
 
 

100 Days of ‘Delivering on Urgent Housing Needs’

DSNews.com

Here, a few highlights: Related to COVID-19, HUD extended forbearance and foreclosure and eviction moratoria. As we reported, the action received …

     
 
 

Fitch Affirms 2 IM Caja Laboral Transactions

Fitch Ratings

This has been modelled as a further 15% increase to the portfolio weighted average foreclosure frequency (WAFF) and a 15% decrease to the WA …

     
 
 

Key piece of Biden’s $1.8T families plan expires after 2025

WPLG Local 10

… the response to the 2008 financial crisis where the focus was on regulation and buttressing major banks as millions lost their homes to foreclosure.

     
 
 

Layers of History Hidden in the Walls of Newark’s Krueger-Scott Mansion

Jersey Digs

Scott, lived through the Newark Riots, and passed away in 1982, when the city took over the home in tax foreclosure. Henry Shultz, the mansion’s late …

     
 
 

Why Home Equity Loans Are Still So Hard to Come By

Mansion Global

Since a Heloc is typically a second mortgage on a home, in the event of a foreclosure, the holder of a second mortgage doesn’t get paid unless there …

     
 
 

Avoid the hassle when selling your home with Fast House Buyers.

PRUnderground

Whether it be foreclosure, behind on mortgage payments, damage to your home, or just about anything else, Fast House Buyers can help.

     
 
 

Emergency housing assistance bill will head to governor

Galena Gazette

1, 2022, and implements a temporary stay of certain foreclosure proceedings and filings. The eligibility and application process to receive support is …

     
 
 

Lender Allegedly Used Unlawful and Misleading Tactics to Market Reverse Mortgages

Lexology

… by misrepresenting the costs of its reverse mortgages, failing to explain that borrowers must continue to pay taxes and insurance or risk foreclosure, …

     
 
 

$150 Per Day, Long term & Building Substitute Opportunities

Patch.com

Long term & building substitute positions available in the Norwich Public School District. Interested applicants are invited to apply to Kelly Education …

     
 
 

Get cash offers for Houston houses with Lynk Home Buyers

PRUnderground

… focus on helping homeowners find solutions for their problems, whether it be foreclosure, inability to sell your home, behind on mortgage payments, …

     
 
 

Dear Annie: Husband’s hidden life

Greensboro News & Record

My problem is that her children financially exploit her. I won’t go into the details, but her decisions to continually help them have led to foreclosure and …

     
 
 

After going up for sale, Oakland music venue Starline Social Club is making a comeback

Reverb MSN Music

… up for sale in an effort to avoid the possibility of foreclosure following numerous pandemic-related challenges. It had been in operation for five years.

     
 
 

Elizabeth R. Brusa

The National Law Review

She further assists financial services clients in prosecuting actions for breach of loan and financing agreements, foreclosure on real and personal …

     
 
 

Pet Adoption In The Las Vegas Area: New Pets Added This Week

Patch.com

Name: Rory · Species: Cat · Location: Foreclosed Upon Pets Inc Fupi, Las Vegas, NV · Age, Size, Sex, Breed: Young, Medium, Male, Domestic Short Hair …

     
 
 

SUPERIOR COURT OF NEW JERSEY CHANCERY DIVISION ATLANTIC COUNTY DOCKET NO.

Press of Atlantic City

… title, lien or other interest affecting the real estate being foreclosed by virtue of ownership, inheritance, descent, intestacy, devise, dower, curtesy, …

     
 
 

PDIC to pay insured deposit claims of foreclosed bank in CDO

Malaysia Sun

PDIC to pay insured deposit claims of foreclosed bank in CDO. Philippine Information Agency 29 Apr 2021, 18:38 GMT+10. MANILA, April 29 –The …

     
 
 

$1-a-year fashion mogul saves Sickle Point

pentictonherald.ca

Supreme Court to purchase the 4.8-hectare site on Skaha Lake out of foreclosure for $2.9 million. B.C. corporate registry documents show the numbered …

     
 
 

Briefs: Biden plan hurts investor | Bulgari advances in Miami Beach

HOTELS

Foreclosure suit in Orlando: An Orlando, Florida, hotel allegedly is facing financial troubles after the pandemic wiped out revenue for hospitality …

     
 
  WEB  
 

Foreclosure | AUDACY

Audacy

Foreclosure on AUDACY: Listen to Free Radio Online | Music, Sports, News, Podcasts.

     
 
 

Judicial Foreclosure | Practical Law

Westlaw

Judicial Foreclosure. A sale of mortgaged property that is handled as a civil lawsuit and supervised by a court. Proceeds are allocated first to satisfying …

     
 
 

Massachusetts Title Clearing Act Cures Foreclosure Defects | Practical Law – Westlaw

Westlaw

In Massachusetts, the one-year statute of limitations to challenge foreclosures that took place before December 31, 2013 under An Act Clearing Titles …

     
 
 

Assignment of Sheriff’s Certificate (Foreclosures) (MN) | Practical Law – Westlaw

Westlaw

Assignment of Sheriff’s Certificate (Foreclosures) (MN)by Practical Law Real Estate Related Content Law stated as of 04 Dec 2020 • MinnesotaAn …

     
 
 

Certificate of Entry (Foreclosures) (MA) | Practical Law – Westlaw

Westlaw

A form for a lender certifying the lender’s foreclosure by entry on Massachusetts real property. This document contains drafting notes that discuss …

     
 
 

Public Notice LID Foreclosure Auction June 3, 2021

City of Ocean Shores

Public Notice is hereby given that pursuant to Assessment Foreclosure Judgment of the Superior Court in the County of Grays Harbor, entered under …

     
 
 

Maryland Foreclosure Moratorium Extended Through June | WCBC

WCBC

April 30th, 2021 by WCBC Radio. The moratorium on new residential foreclosures in Maryland has been extended through the end of June.

     
 
 

Section 47-2006 Lien; foreclosure. :: 2013 Kansas Statutes :: US Codes and Statutes :: US Law …

Justia Law

Lien; foreclosure. If the assessment is not deducted and paid to the person or persons as provided in K.S.A. 47-2005, or within 10 days thereafter, such …

     
 
 

Should New York Extend Its Foreclosure and Eviction Freeze?

WBLK

That law, the COVID-19 Emergency Eviction and Foreclosure Prevention Act, banned evictions and foreclosures for people who had been negatively …

     
 
 

Foreclosure houses around me – sevenspeed

sevenspeed

Home / Texas Foreclosures … P0022 ford fusion. Over 2 million Foreclosure homes for sale! Find yours in seconds! Find Foreclosed …

     
 
 

Section 525.37 – FORECLOSURE OF MORTGAGES, Minn. Stat. § 525.37 | Casetext Search + Citator

Casetext

Read Section 525.37 – FORECLOSURE OF MORTGAGES, Minn. Stat. § 525.37, see flags on bad law, and search Casetext’s comprehensive legal …

     
 
 

The fearful risk of foreclosure is confirmed for holders of this income who are not in compliance with …

Italy24 News English

A recent order issued by the Trani court again sheds light on the attachment of citizenship income. The fearful risk of foreclosure is confirmed for …

     
 
 

New York’s Highest Court Eliminates A Spurious Issue In Foreclosure Litigation – Biznewspost

Biznewspost

Foreclosures can take years in New York, but the Court of Appeals recently removed one source of … delay. – biz news post.

     
 
 

Maryland extends moratorium on new residential foreclosures

Conroe Courier

The new extension date aligns with the expiration of federal foreclosure moratorium. Maryland Labor Secretary Tiffany Robinson says it will provide …

     
 
 

HORRY COUNTY FORECLOSURE RECORDS

cheridot.com

Horry County, SC Foreclosures and Foreclosed Homes for . Great news! There are currently 1,578 red-hot tax lien listings in Horry …

     
 
 

Lake George Foreclosures

animalhobby.it

Discover foreclosures and foreclosed homes in Lake George, MI. Are you looking to buy a tax lien in Lake Luzerne Ny 12846? What happens when you …

     
 
 

Public Auction Sale: Foreclosures – 5 Houses Offered Individu – Franklin, VA – AuctionZip

AuctionZip

Public Auction: “Foreclosures – 5 Houses Offered Individu” by Tranzon Fox. Auction will be held on Tue May 18 @ 03:00PM at 302 South High Street in …

     
 
 

Cook county vacant lots for sale – studio legale bazzan avv. eddy e bettin avv. fabio – logo

studio legale bazzan avv. eddy e bettin avv. fabio – logo

Get information on foreclosure homes for rent, how to buy foreclosures in Cook County, IL and much more. Does michaels sell flocking powder.

     
 
 

Foreclosed Homes In Dallas Texas

bpfacile.it

Pre-foreclosures can offer opportunities to purchase properties at attractive prices. Home Foreclosure Listings Texas Bank Foreclosures Dallas County …

     
 
 

EB-5 regional center sues lender to stop Manhattan project foreclosure

EB-5 Green Card

The foreclosure would wipe out the developer’s $60 million investment in the project. U.S. Immigration Fund is led by developer Nicholas Mastroianni, …

     
 
 

University Bank – Foreclosure/Bankruptcy Associate

Paylocity

The Foreclosure/Bankruptcy Associate is responsible for completing bankruptcy processes while complying with investor and insurer regulations.

     
 
 

Foreclosures in Columbia County, Richmond County, Aiken County, Lincolton, Thomson, Mcduffie.

Augusta Georgia, Homes For Sale Augusta Ga, Augusta Ga Realtors, Real Estate Agents in …

Latest Foreclosures For Sale in Georgia/Carolina … INVESTORS SPECIAL ( 3) Houses for sale on 1 parcel. This is the main house ( Brick ) – occupied by …

     
 

 

 

LIST OF FORECLOSURE LAWS BY STATE

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