Real Estate Industry News » Special Posts http://www.realestateindustrynews.com Real Estate Industry News and Information for Real Estate Professionals Fri, 03 Feb 2012 02:49:22 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 Las Vegas Real Estate Agent and Mortgage Broker Convicted for Their Roles in Mortgage Fraud Scheme http://www.realestateindustrynews.com/legislative-regulatory/las-vegas-real-estate-agent-and-mortgage-broker-convicted-for-their-roles-in-mortgage-fraud-scheme/ http://www.realestateindustrynews.com/legislative-regulatory/las-vegas-real-estate-agent-and-mortgage-broker-convicted-for-their-roles-in-mortgage-fraud-scheme/#comments Fri, 03 Feb 2012 02:49:22 +0000 News Desk http://www.realestateindustrynews.com/?p=3401 WASHINGTON – A real estate agent and a mortgage broker, both of Las Vegas, were found guilty today for their participation in a mortgage fraud scheme that netted nearly $2.5 million in fraudulent mortgage loans, announced Assistant Attorney General Lanny A. Breuer of the Justice Department’s Criminal Division, U.S. Attorney Daniel G. Bogden of the

Continue reading... Las Vegas Real Estate Agent and Mortgage Broker Convicted for Their Roles in Mortgage Fraud Scheme

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  1. Real Estate Agent Sentenced to Federal Prison for Defrauding Bank in Short Sale Mortgage Fraud Scheme David B. Fein, United States Attorney for the District...
  2. Virginia Real Estate Businessman Pleads Guilty to Mortgage and Investment Fraud Schemes WASHINGTON – Alexander Otis Matthews, a Virginia real estate...
  3. Real Estate Agent, Loan Officer Among Five Defendants to Plead Guilty to $11 Million Mortgage Fraud KANSAS CITY, MO—Beth Phillips, United States Attorney for the Western...
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Have you ever thought about the similarities between houses and the human body? For example as our bodies age, things are not quite as straight, square and firm as they once were in our younger years. At one time I had a 44 inch chest and now with age it seems that chest dimension is

Continue reading... Houses and the human body have a lot of similarities

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  1. What to do when moisture gets inside your home Where do you begin? Moisture can come from several sources....
  2. Electric Panels need their space too It is not uncommon when performing an inspection, not...
  3. Spring Showers-It is time to Improve the Odds to Limit Basement Seepage Basement seepage, in most cases relates to poor management of...
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John Incandela, 25, of Palm Beach, Fla., was sentenced to 41 months in prison, three

Continue reading... Florida Loan Officer Sentenced in Connection with $2.5 Million Reverse Mortgage and Loan Modification Scheme

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  1. Two Individuals Sentenced in Connection with $2.5 Million Reverse Mortgage and Loan Modification Scheme WASHINGTON – Two individuals – a loan officer and...
  2. Two Loan Officers and One Title Agent Charged in $2.5 Million Reverse Mortgage and Loan Modification Scheme Plead Guilty in Miami MIAMI – Louis Gendason of Delray Beach, Fla.; Kimberly Mackey of Pittsburgh; and John...
  3. Three Loan Officers and a Title Agent Charged in $2.5 Million Reverse Mortgage and Loan Modification Scheme The Justice Department announced the unsealing of a criminal...
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Continue reading... National Association of REALTORS says "Sales were weaker than people thought"

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  1. New report shows home sales may be worse than reported Today, CoreLogic released its “U.S. Housing and Mortgage Trends Report”...
  2. Existing Home Sales Rate falls 9.6 percent in February; prices still falling Today’s existing home sales report from the National Association of...
  3. Most Landlords Say They Would Rent to People Who Lost Homes to Foreclosure Eighty-two percent of independent landlords say they would rent to...
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Continue reading... FHFA Sues the City of Chicago Over Vacant Buildings Ordinance

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  1. Justice Department Sues City of Joliet, Illinois, to Preserve Affordable Housing for City Residents WASHINGTON – The Department of Justice today filed a...
  2. Justice Department Files Lawsuit Against City of New Berlin, Wisconsin, for Blocking Affordable Housing WASHINGTON – The Department of Justice announced late this week ...
  3. United States Sues Deutsche Bank and Subsidiary MortgageIT for Years of Reckless Lending Practices The United States has filed a civil mortgage fraud lawsuit...
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According to the

Continue reading... Baby Boomers Helping Their Kids Buy Homes

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  2. Justice Department Files Fair Housing Lawsuit Against the Owners and Managers of Rental Homes in Mississippi for Discrimination Against Families with Children WASHINGTON – The Justice Department today filed a lawsuit...
  3. The 10 Most Expensive U.S. Homes For Sale Real estate agents, are you tired of those paltry...
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The lawsuit, filed in the U.S. District Court for the Southern District of Mississippi, charges that Marcus Manly Magee

Continue reading... Justice Department Files Fair Housing Lawsuit Against the Owners and Managers of Rental Homes in Mississippi for Discrimination Against Families with Children

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  1. Justice Department Settles Housing Discrimination Lawsuit in Waterloo, Iowa WASHINGTON – The Justice Department today announced a $95,000 settlement...
  2. Justice Department Obtains $70,000 Settlement in Housing Discrimination Lawsuit Against New Orleans Landlords WASHINGTON – The Justice Department announced today that New Orleans...
  3. Justice Department Resolves Lawsuit Alleging Discrimination on Basis of Race in Clanton, Alabama The Justice Department today announced a settlement of its lawsuit...
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Continue reading... 2012 Presidential Elections: 69.6% of Americans Said Housing Will Influence Their Vote

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  2. 45 Percent of Americans say government not doing enough to stop foreclosures; Other side of coin, over half of Americans want to buy a foreclosed home According to a survey conducted by Harris Interactive® on...
  3. Will jobs fix the housing market or will housing fix the job market? There is a lot of talk in the media today...
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Kimberly Mackey, 47, of Pittsburgh, was sentenced

Continue reading... Two Individuals Sentenced in Connection with $2.5 Million Reverse Mortgage and Loan Modification Scheme

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  1. Two Loan Officers and One Title Agent Charged in $2.5 Million Reverse Mortgage and Loan Modification Scheme Plead Guilty in Miami MIAMI – Louis Gendason of Delray Beach, Fla.; Kimberly Mackey of Pittsburgh; and John...
  2. Three Loan Officers and a Title Agent Charged in $2.5 Million Reverse Mortgage and Loan Modification Scheme The Justice Department announced the unsealing of a criminal...
  3. Former South Holland Man Sentenced to 17½ Years in Prison for Directing $35 Million Mortgage Fraud Scheme Involving More Than 120 Residences in the Chicago Area CHICAGO—A former South Holland man was sentenced to 17½...
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Continue reading... Victims of bad foreclosure practices can now apply for review and possible compensation

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  1. Restitution for victims of improper foreclosure practices Robo-signing is one of those terms I never heard until...
  2. Feds Take Action Against Banks for Misconduct and Negligence Related to Mortgage Loan Servicing and Foreclosure Practices Over the past year or so there have been dozens,...
  3. Foreclosure activity declines in February as allegations of bad lender practices continue RealtyTrac just released their foreclosure report for February 2010...
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