The Obama Administrations plan to help consumers from losing there homes to foreclosure has been genuinely effective in assisting approximately two hundred thousand homeowners. The first half however of 2009 alone has brought on nearly one point eight million in foreclosures across the country. Mortgage...

FBI agents arrested Phil A. Simon as hairstylist in Prospect Heights in Brooklyn with conspiracy to commit wire fraud. Simon and Garth Celestine the other conspirator were both charged in five cases in Bergenfield, Paterson and Elizatbeth, NJ. The maximum sentence if convicted is thirty years in prison...

The FBI armed with search warrants raided several storage lockers in Saratoga County and Broadway Offices being used by David B. Silipigno, along with some of his business associates this past June. Silipigno is a convicted felon. He pleaded guilty in federal court six year ago to defrauding lenders...

The United States Attorney Office in Connecticut over the past year has convicted a mounting number of mortgage fraud cases. The cases were investigated under a collaboration of multiple law enforcement agencies. Kimberly K. Mertz, Special Agent in Charge of New Haven Division of the Federal Bureau of...

The Treasury has stepped up and shot out reports to show that mortgage servicers are moving to slow in assisting the average Joe with mortgage modification. The report shows that only about nine percent of homeowners who are eligible have had their mortgage modified. The Administration has pledged $75...

The Federal Government has filed a second indictment on former Mississippi Mayor Brent Warr and his wife Laura in the United States District Court. The have been charged with two counts of bank fraud and two counts of making false statements on a loan application. The indictment states that Warr and...

Reports have come out on how the leading Mortgage Companies have been performing with The Obama Administrations, Making Home Affordable Plan. Mortgage Companies have come out on the defense as to why they haven’t done more volume. The report shows that the following companies are among the worst performers...

Erich Heckler is known to many in Lee County, Florida as a professional Mortgage Scammer.  John Moritz, a private investigator located the scammer in Costa Rica, where Heckler is waiting to be extradited back to Lee County, Florida. Heckler fled Fort Myers, Florida in September of 2007 after being charged...

The Federal Bureau of Investigation and the Internal Revenue Service-Criminal Investigations Department are extremely please with Assistant United States Attorney Douglas C. Bunch on August 3 of this year, as he received a conviction in a Mortgage Fraud investigation that has played out over three years. Scott...