Laws on Federal Fraud | CriminalDefenseLawyer.com – Federal fraud crimes are typically charged as felony offenses, though misdemeanor convictions are possible in certain situations. The difference between a misdemeanor offense and a felony offense is that a felony has a potential sentence of a year or more in prison, while misdemeanor convictions can result in a prison sentence of up to one year.
Virginia woman, 70, gets 5 years in prison in Ponzi scheme – NORFOLK, Va. (AP) – A 70-year-old Williamsburg woman has been sentenced to five years in prison in what prosecutors say was a Ponzi scheme through which she swindled more than $1.1 million.
Virginia Woman Gets Four Years for Fraud, Fake Death Notice – A Virginia woman has been sentenced to four years in prison for an identity fraud scheme that included publishing a fake death notice. The Daily Press reports 50-year-old Alexandra Hatcher also.
I love you Phillip Morris: a conman’s story – From 1992, when he was imprisoned for the relatively minor charge of insurance fraud, Russell managed to escape four times from several different Texan jails over a five-year period. a pair of.
The New Math Surrounding HAMP Doesn’t Add Up · Elizabeth Warren, the Long-Distance Runner of the 2020 Race The senator is struggling to gain traction in the polls, despite releasing a flood of innovative proposals.
20th Century FOX Archives – Page 5 of 10 – In an historic twist, Chicago will elect its first african-american woman mayor, 100 years after a series of violent race riots tore the city apart.
Never Surrender or Retreat – Driscoll’s group gets control. to charge $5 for a New Year’s Eve celebration at the Alamo. “They were hoping to raise money for the Alamo Fund, which had decreased $770,000 during the two-year.
Alight Mortgage Lending application picked up by two mortgage companies The 30-year mortgage, a product of the Depression 4 quick reactions to FHFA mortgage insurer liquidity plan CFPB offers more guidance on contacting, responding to troubled borrowers · Requires servicers to offer borrowers with loss mitigation options throughout the life of the loan (1026.41(i)). The current rule requires servicers to consider loss prevention programs and avoid foreclosure one time during the life of the loan.FHFA, mortgage insurers represent the largest counterparty exposure for the Enterprises. The Enterprises acknowledge that, although the financial condition of their mortgage insurer counterparties approved to write new business has improved in recent years, the risk remains that some of them may fail to fully meet their obligations.billionaire hughes purchases thousands of homes to rent · The Many Scandals of Donald Trump: A Cheat sheet. trump management had refused to rent or negotiate rentals because of race and. him $750,000 for failing to disclose his purchases.History of Mortgages | HowStuffWorks – It wasn’t until 1934 that modern mortgages came into being. The Federal Housing Administration (FHA) played a critical role. In order to help pull the country out of the Great Depression, the FHA initiated a new type of mortgage aimed at the folks who couldn’t get mortgages under the existing programs.A Detailed Cost Analysis for Starting a mortgage lending business. If you think you must have gotten enough experience working as a loan originator or loan officer for a mortgage company, you may indeed have the basics and insight of what you’ll need to start up your own mortgage lending business.
California Real Estate Fraud Report Mortgage Rescue Scams. – Dominic Adam Nolan, 32, of Irvine – six months in jail and five years of formal probation. 3. Jacob John Cunningham, 26, of Irvine – eight months in jail and five years formal probation. 4. John D. Silva, 28, of Irvine – eight months in jail and five years formal probation.
Obama administration expects new push for REO rentals Cordray, Watt: Mortgage industry matures to meet new regulatory framework Financial Services Legislative and Regulatory Update Leading the Past Week. Yesterday marked the 3 rd Anniversary of the dodd-frank wall street reform and Consumer Protection Act. Now several.
Media Circus: The best journalism of 2016 – Five years after a devastating earthquake and tsunami hit Japan, a husband is still searching the sea for his missing wife, joined by a father looking for his daughter. From Jezebel’s Jia Tolentino:.
The robo-settlement impact on future foreclosures Experts estimate that a foreclosure will lead to a dip in your credit score of about 200 or 300 points. So let’s say you had a near-perfect 800 credit score pre-foreclosure; after the foreclosure, you might have a credit score that was more in the 600 or lower range, which is considered bad (credit scores range from 300 to 850).
Big Bad Boss Tales – Most prominently, perhaps, TV and print personality martha stewart was imprisoned for lying to federal investigators about a personal sale of shares in a biotechnology. She was convicted and.
Virginia woman gets five years in prison for short sale scams. – KEYWORDS Department of justice doj short sale short sale Fraud short sale victims Virginia. A Virginia woman will spend the next five years in federal prison after being convicted of 13 counts of mortgage fraud, passing fictitious financial instruments and tax fraud.
RMBS investors slowly gain steam in marketplace This Non-agency residential mortgage-backed securities sector report is excerpted from the Third Quarter 2017 fixed-income outlook. Non-Agency RMBS spreads have now rallied to post-crisis lows as improving credit fundamentals, particularly the prepayment and default behavior of re-performing loans, have emboldened investors.