Tuesday, January 23, 2007

Recent Mortgage Fraud Links From Around The Country

The following links are to recent stories involving home flipping, loan flipping, and a "Double HUD" scheme.

New Orleans, Louisiana
2nd man guilty in house scam (1-20-07)
(HUD was left stuck with defaulted loan)

Kansas City, Missouri
Investor’s fraud spurs lawsuit (1-20-07)
(California man claims he was a victim of Brent Barber’s property flipping)

Cinncinati, Ohio
Thousands face loss of homes (1-22-07)
(Rash of foreclosures stirs debate on blame)

Washington, D.C. (District of Columbia)
Originator Gets 24 Year Sentence in $5.2 Million Fraud Conspiracy (12-27-06)

Chattanooga, Tennessee
Prosecutor Says Wilkins Got Cash From "Double HUD" Scheme (1-22-07)
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