Saturday, June 30, 2012

Mortgage Scams Identity Theft - Sat Jun 30, 2012

Chris Vigil: Homeowners should be on lookout for mortgage-loan fraud
Pasadena Star-News
According to an industry study for the first quarter of 2012, the number of
mortgage loan fraud suspicious activity reports submitted decreased 31
percent to 17651 over a one-year period.

McKeesport Appraiser Pleads Guilty in Mortgage Fraud Scheme
(Source: FBI) - PITTSBURGH—A resident of McKeesport, Pennsylvania pleaded
guilty in federal court to a charge of wire fraud conspiracy, United States

7 Steps to Avoid Mortgage Scams by Private Lenders
AOL Real Estate (blog)
How to avoid the pitfalls when you can't get a traditional mortgage.

Assistant Manager of Gambrills Mortgage Company Sentenced for Almost $5M ...
(Source: FBI) - BALTIMORE—U.S. District Judge Catherine C. Blake
sentenced Todd R. Bettin, age 42, of Crofton, Maryland, to 51 months in
prison, followed by.

Fixed Mortgage Rates Once Again Reach Record Lows
(Source: Freddie Mac) - MCLEAN, Va., June 28, 2012 -- Freddie Mac (OTC:
FMCC) today released the results of its Primary Mortgage Market Survey®
(PMMS®), ... Both the 30-year fixed and 15-year fixed rate mortgages
matched their all-time record lows.
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