David Saks: December 2014

David Saks - Real Estate Broker - The Real Estate Mart of Tennessee, Inc. - 4040 North Watkins-Suite #4 - Memphis, Tennessee 38127 - Phone (901) 357-4663

Mortgage Fraud Blog for December 31, 2014

 
 
 
Mortgage Fraud Blog sends me an update email once per week.
 
The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www.mortgagefraudblog.com.
Rachel Dollar

Rachel Dollar is a California attorney who represents lenders in mortgage related litigation. She is a shareholder at Smith Dollar PC. Ms. Dollar is a nationally recognized speaker, is licensed to practice law in California and maintains offices in Santa Rosa, California.

Mortgage Fraud Blog is sponsored by Smith Dollar PC and Rachel Dollar Risk Management, Inc.

Mortgage Fraud Blog | Mortgages and fraud and the law, oh my! - 5 new articles

In This Issue...

Man Charged with Using False Information to Qualify for Loans

Businessman Admits Defrauding Bank Regulators to Obtain TARP Funds

Real Estate Developer Sent to Prison for Ripping Off Investors

Woman Indicted for Stealing Money from Elderly Real Estate Investor

7 Defendants Jailed for Nationwide Foreclosure Rescue Scam

More Recent Articles

Search Mortgage Fraud Blog | Mortgages and fraud and the law, oh my!
Man Charged with Using False Information to Qualify for Loans

Mortgage Fraud Blog.

Daniel Rosenthal, 31, Yorba Linda, California, was arraigned on charges of submitting fraudulent loan applications to three Bay Area banks using a false name and then laundering...

Read the whole entry »

      


Businessman Admits Defrauding Bank Regulators to Obtain TARP Funds

Mortgage Fraud Blog.

Wilbur Anthony Huff, Kentucky, pleaded guilty to bank fraud charges admitting that he engaged in a scheme to prevent Park Avenue Bank, New York, New York, from being designated...

Read the whole entry »

      


Real Estate Developer Sent to Prison for Ripping Off Investors

Mortgage Fraud Blog.

Brian McCloskey, 42, Baltimore, Maryland, was sentenced by U.S. District Judge J. Frederick Motz to 41 months in prison, followed by three years of supervised release, for...

Read the whole entry »

      


Woman Indicted for Stealing Money from Elderly Real Estate Investor

Mortgage Fraud Blog.

Crystal Perkins, 32, Mansfield, Ohio, has been indicted for defrauding an 82-year-old man of more than $50,000 in an alleged real estate investment scam.

A Richland County Grand...

Read the whole entry »

      


7 Defendants Jailed for Nationwide Foreclosure Rescue Scam

Mortgage Fraud Blog.

Seven defendants were sentenced for their roles in a huge mortgage fraud scheme that was charged in 2008. A federal grand jury brought two indictments that charged 19 people in a...

Read the whole entry »

      


More Recent Articles

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David Saks



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Comment balloon 8 commentsDavid Saks • December 30 2014 10:43PM
Mortgage Fraud Blog for December 31, 2014
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Mortgage Fraud Blog sends me an update email once per week. The Mortgage Fraud Blog website is updated every business day and you can always get the latest news by visiting www. mortgagefraudblog. com &… more
U. S. Attny Charges Man for Ponzi Scheme That Bilked Millions of $
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U. S. Attorney Charges Hoover Man for Role in Ponzi Scheme That Bilked Millions from Investors U. S. Attorney’s Office December 29, 2014 Northern District of Alabama (205) 244-2001 … more
Real Estate Fraud Report for December 29, 2014
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real estate fraud: Another Real Estate Investor Pleads Guilty to Bid Rigging and Fraud - 12/29/14 09:12 AM Northern California Real Estate Investor Pleads Guilty to Bid Rigging and Fraud at Public Foreclosure Auctions… more
Real Estate Practice : Lesson 3885
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Mr. Schmalz is going to exchange his home for a farm in Missouri owned by Mr. Lubinsky. Mr. Schmalz agrees to allow Mr. Lubinsky, the owner of the 240 acre farm, $600 an acre against the cost of Mr. Schmalz's home, which is listed for … more
Real Estate Practice : Lesson 3884
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The Marbelz's decided to build a house 33' 6" x 45' 6" which also includes an offset for the family room which is an additional 5'x15'. If the cost to construct the house is $128. 50 per square foot, how much would it cost to… more
Real Estate Practice : Lesson 3883
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We know that there are 1600 square feet in a house, and that the garage is 20 feet by 30 feet. The cost of building the house is $110 per square foot. The cost of building the garage is $40 per square foot. The 50 foot lot… more
Real Estate Practice : Lesson 3882
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A lot measuring 90 feet wide by 120 feet deep sold for $80, 000. A. Wh at was the price per front foot B. What was the price per square foot Answers posted below the wildlife photos. Please take your time. A… more
Real Estate Practice : Lesson 3881
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Mr. Sezimeche leases a storefront to Mr. Dewertsby with a percentage lease. The lease calls for a monthly rental of $3000 and 5% on the gross yearly business over 800, 000 dollars. How much rent would Mr. Sezimeche receive yearly… more
Real Estate Practice : Lesson 3880
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A promissory note for $17000 is dated April the 15th 2008 and has an annual interest rate of 5%. The interest is paybable quarterly. None of the interest has been paid yet so a notice is sent to the borrower requesting interest… more
Real Estate Practice : Lesson 3879
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A Missouri farm with 60 acres was listed in the MLS for $1500 an acre. The farm was sold for $76, 500 with the condition that the buyer pay the commission of 10% of the sale price. How much did the buyer save under the list price… more