US Loan Auditors was invited by Good Day Sacramento to attend their Rancho Cordova Job Fair. With over hundreds of applicants we were lucky enough to find Dee Rawls. She came to the Job Fair with one resume and that was for US Loan Auditors. She had research the company before the job fair and she knew...

Originaly by MortgageFraud: Edmund A. Booth, Jr., United States Attorney for the Southern District of Georgia, announced that the federal grand jury sitting in Savannah has returned a twenty-two-count indictment against Arthur James Marshall, Jr. charging him with fraud and money laundering in his real...

In the wake of the bursting of the housing bubble, you’d think there’d be a significant number of investigations into criminal wrongdoing and accounting fraud, similar to what occurred after the S&L crisis and bursting of the stock bubble in 2000.But two years into the crisis the FBI...

Tom Backman says the deal to sell his house in Pacific two years ago seemed fishy from the get-go. The real-estate agent was hard to reach and demanded a specific escrow closer. The actual buyer was never around. Still Backman, who had already moved to rural Idaho, wanted to get the deal closed. He even...

Fremont General to pay $10 million to end predatory lending suit. Massachusetts taxpayers just got another apologetic payout from a firm that profited from the subprime lending binge. Massachusetts Attorney General Martha Coakley said Tuesday that bankrupt subprime giant Fremont General ( FMT - news...

Mortgage fraud has increased so dramatically in the San Joaquin Valley that a task force of federal, state and local agencies has been formed to fight back. The FBI, IRS, Secret Service, Department of Housing and district attorneys in Fresno, Tulare and other counties are among those involved. Their...

 It may not have made a big splash on network news or in print, but for real estate it was the equivalent of a congressional declaration of war — a war against mortgage fraud. Just as security and intelligence agencies were given huge funding boosts by Congress after 9 /11, the FBI, the Justice...

Thursday, the Securities and Exchange commission (SEC) finally levied formal charges against former CEO Angelo Mozillo, former Chief Operating Officer David Sambol and former Chief Financial Officer Eric Sieracki of Countrywide Financial Corp. The charges stem from actions during 2005-2007 and allege...

Check out this reblog from one of our friends at originalsubprime.com: Erik Gerding, assistant professor, UNM School of Law, discusses how mortgage investments work and how that process led to the subprime mortgage crisis. Part of Global Instability: Causes, Consequences, and Cures, a lecture series...