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· A former mortgage broker convicted of multiple counts of fraud and theft has had his appeal dismissed. The Alberta Court of Appeal says Brandon Antonini must turn himself in within 24 hours. Antonini was sentenced last year to four and a half years in prison over a multimillion-dollar bogus bridge financing scheme.
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The rise in g-fees in the five states is to cover the higher costs associated with longer mortgage default processes in certain jurisdictions. As a result, g-fees are expected to rise by at least an.
Mortgage servicers modified 67,000 home loans in August, up 8% month-over-month, bringing the total amount of loans modified since 2007 to 5.4 million, Hope Now said Wednesday. Hope Now, a private.
A former Illinois state court judge who was convicted in February of running a mortgage fraud scheme involving two Chicago investment properties was sentenced Thursday to one year and one day in.
The mortgage broker on the deal was a twice-convicted felon who was under indictment at the time. The broker, Billy Joe Cannon, is facing unrelated drug charges.
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Mortgage broker, lender and real estate agent marco laureti has been convicted in a $20 million mortgage fraud scheme in South Florida. Laureti was found guilty of one count of conspiracy to commit wire fraud and seven counts of wire fraud affecting Washington Mutual, according to the Daily.
Brooks’ scheme, the indictment alleges, was aided by appraisers, title officers, escrow officers, mortgage processors and others who helped submit false documentation and information to lenders.