United States Attorney General Karen L. Loeffler for Anchorage Alaska on August 21, 2009 announced that defendant Lance Lockard had been sentenced to seventy months in prison for the mortgage fraud scheme that he was the ring leader of.  United States District Court Judge Ralph Beistline presided over...

United States Attorney General, Richard Blumenthal warned homeowners facing foreclosure in a press release on August 19th to be aware of companies offering mortgage foreclosure rescue and operating as legal advisors. Blumenthal’s office is currently investigating First Legal Group P.A and Nationwide...

Jake David Abegg Whitman, 33, of Mesa Arizona pleaded guilty on August 18, 2009 to one count of conspiracy to commit bank fraud and seven counts of Bank Fraud. Whitman was the Branch Manager for Academy Mortgage a local mortgage broker firm. Whitman owned ten of the properties on the conspiracy to defraud...

Federal authorizes in Denver Colorado have uncovered a extremely elaborate organized crime ring that has cost banks around the United State approximately eighty million dollars. Documents filed in the United States District court of Denver state that the ring recruited about seven hundred immigrants...

The Obama Administration has invested enormous amounts of political and actual capital into assisting homeowners who are at risk of foreclosure with its Making Home Affordable Plan. However the government has found this task less than successful over the past six months for several reasons. Home loan...

Edwin M. Lugo-Abreu, 34, of Orlando, Florida was arrested August 13th. United States Attorney for the Middle District of Florida issued a press release in regard indictment of Lugo-Abreu for mortgage Fraud. Lugo-Abreu if he is convicted faces charges of twenty years in federal prison. Lugo-Abreu’s...

Edna Kay Jackson of Kirbyville, Missouri was charged with twelve counts of deceiving business practices. The Attorney General Chris Koster announced in a press release on August 14th that his office had filed charges in Greene County against the defendant. Jackson is the owner of Dogwood Homes and is...

The difference between the wealth of White Americans and Americans of Color has consistently increased over the past thirty years. Levels of education achievement on the part of Americans of Color have dramatically increased yet the level of disparities between the wealth among White Americans and Americans...

Arshad Hussain of Dumfries, Virginia who fled to his native Pakistan to avoid prison has been sentenced to two years in prison for his involvement with a ring of conspirators that ran credit card, mortgage fraud and identity theft schemes. U.S District Judge Leonie M. Brinkema presided over the case. Abdul...