David Saks: Mortgage Fraud Blog Report for July 2, 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 Report for July 2, 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! - 10 new articles

In This Issue...

Jury Convicts Man of Investment Fraud Scheme as Part of Operation Wax House

Banker Admits Lying to Obtain $850,000 Loan

LO Jailed for Submitting Fraudulent Loan Application

Former Attorney Sentenced for Loan Fraud

Disbarred Attorney Sentenced for Stealing Real Estate Rental Proceeds

5 Charged with Defrauding Mortgage Lending Institutions

Bank Manager Charged with Opening Credit Line in Another’s Name

Man Admits Misappropriating Real Estate Investor Funds

Former Credit Suisse Director Sentenced for Hiding Losses in Mortgage-Backed Securities

Pennsylvania Home Builder Settles Charges of Deceptive Mortgage Advertising

Search Mortgage Fraud Blog | Mortgages and fraud and the law, oh my!
Jury Convicts Man of Investment Fraud Scheme as Part of Operation Wax House

Steven Jones, 46, Charlotte, North Carolina, was convicted after a three-day trial of racketeering conspiracy, securities fraud, wire fraud scheme to defraud investors and money laundering...

Read the whole entry »

      


Banker Admits Lying to Obtain $850,000 Loan

Michael W. Yancey, 55, Olathe, Kansas, pleaded guilty to conspiring to make false statements on a loan application while he was working as a senior vice president of a bank in Overland Park,...

Read the whole entry »

      


LO Jailed for Submitting Fraudulent Loan Application

 

Gari-Mark Thomas, 38, formerly of Norwalk, Connecticut, was sentenced by U.S. District Judge Vanessa L. Bryant to 12 months and one day of imprisonment, followed by three years of supervised...

Read the whole entry »

      


Former Attorney Sentenced for Loan Fraud

Christopher Shawn Linton, 35, Alabaster, Alabama, was sentenced to five years and 11 months in prison for his role in an investment fraud scheme through which he submitted a fraudulent loan...

Read the whole entry »

      


Disbarred Attorney Sentenced for Stealing Real Estate Rental Proceeds

Thomas W. Dickson, 53, Boulder, Colorado, has been sentenced for stealing over $300,000 from his law firm’s clients. The defendant was retained by Tenants in Common and after encouraging them to...

Read the whole entry »

      


5 Charged with Defrauding Mortgage Lending Institutions

A six-count indictment was unsealed in federal court charging six people with bank and wire fraud concerning their alleged participation in a scheme to defraud lenders using fraudulent loan...

Read the whole entry »

      


Bank Manager Charged with Opening Credit Line in Another’s Name

 

Erlanda Naranjo, 39, Nashville, Tennessee, was charged by Information with bank fraud for allegedly submitting a false application for a line of credit in the name of a relative.

 

According to the...

Read the whole entry »

      


Man Admits Misappropriating Real Estate Investor Funds

Ronnie Singleton, 41, Lithonia, Georgia, a business owner who held himself out to be an investor and loan broker, admitted his role in defrauding real estate investors of more than $800,000.
...

Read the whole entry »

      


Former Credit Suisse Director Sentenced for Hiding Losses in Mortgage-Backed Securities

David Higgs, a former Managing Director in the Investment Banking Division of Credit Suisse Group, was sentenced to time served in connection with a scheme to hide more than $100 million in losses in...

Read the whole entry »

      


Pennsylvania Home Builder Settles Charges of Deceptive Mortgage Advertising

Heritage Homes Group, Inc., a Pennsylvania-based home builder that offers home financing, has settled Federal Trade Commission charges that it deceived consumers by advertising low-cost mortgages...

Read the whole entry »

      


Copyright 2004-2014 Rachel M. Dollar



David Saks



Time&Temp Memphis

Legal Disclaimer
Please be advised that:

 The information and notices contained in this blog are intended to summarize recent developments and news. The posts are presented as general research and information. These posts are not intended, nor should be regarded, as legal advice. Some blog posts concern allegations made in civil lawsuits and in criminal indictments in United States Courts. All persons are presumed innocent until convicted of a crime and proven guilty. Readers who have particular questions or who believe that they need legal counsel should seek the advice of a qualified attorney. It is neither the editor's or author's intention to create a confidential relationship or any broker-client relationship via communication from this site at any time. Please consult with your state real estate board if questions & answers in the education section conflict with the laws of your region or if you need clarification regarding their applicability or how they may govern the services that you provide.

By entering this web site, you understand the following:
When you select a link to an outside Web site, you are subject to the privacy, copyright, security, and information quality policies of that Web site. David Saks:
1.DOES NOT control or guarantee the accuracy, legality, relevance, timeliness, or completeness of information contained on a linked Web site;
2.DOES NOT endorse linked Web sites, the views they express, or the products/services they offer unless linked web sites, the views they express, or the products/services they offer endorse or support David Saks in accordance with the standards of the Tennessee Real Estate Commission and the Federal Government's laws regarding commerce and the application, solicitation and transmission of internet-related concerns, commerce or social networking;
3.CANNOT authorize the use of copyrighted materials contained in linked Web sites;
4.IS NOT responsible for transmissions users receive from linked Web sites;
5. That DavidSaks.Com is biographical & real estate related. Some links within will leave this site.
6. http://activerain.com/profile/davidsaks is internet-compliant & abides by the rules & regulations of the Tennessee Real Estate Commission, Eve Maxwell, Executive Director.
7. Unless indicated otherwise, ActiveRain does offer listings, or IDX and is provided for licensed salespersons, brokers, buyers & sellers of real property as a community & professional service.
8. David Saks is a retired / licensed real estate broker in the State of Tennessee, license #290452, and an independent contractor.
9. Information is believed to be accurate, but not guaranteed, at any realty link or document connected to the World Wide Web & viewable by anyone connected to the internet who has a web browser.
10. Brokers, buyers, sellers, agents & anyone should independently verify any information prior to submitting any offer to purchase goods & services from any link.
11. Please Visit The American Real Estate Alliance or Memphis.8k.Com for additional information regarding property issues for real estate professionals and consumers.

 

Photos © & Licensed by Nova Development

All Content Protected © 
Before you even think about
committing a real estate crime
click this red button.
Real Estate Crimes

© All Rights Reserved.

 

 

 

 

"Information generated by the Department of Justice is in the public domain and may be reproduced, published or otherwise used without the Department’s permission. Citation to the Department of Justice as the source of the information is appreciated, as appropriate."

Department of Justice Legal Policies


 

  Real Estate Crimes

 

Click "HERE" For Today's Question

 

 

TheListen Now!

David Saks Show

Saturday Nite

9pm-12am Central

University of Memphis

WUMR

 

Support
America's Hobby

Click Elvis

Mr.Saks' participation in ActiveRain ended April 13, 2015.

His blog archives will remain online.

May God bless you.

Comment balloon 0 commentsDavid Saks • July 01 2014 09:40PM

Comments

This blog does not allow anonymous comments