The last of six defendants who admitted roles in a $4 million mortgage fraud scheme was sentenced Wednesday to more than seven years in prison, according to the state Attorney General’s Office. The scheme preyed on people trying to save their homes from foreclosure, and included filing fraudulent documents, such as false bankruptcies and false court filings, the office said in a news release. It Continue Reading
Archives for February 2019
Back From the Brink of Foreclosure
The government-sponsored enterprises (GSEs) Fannie Mae and Freddie Mac, completed 12,902 foreclosure prevention actions in November, according to the Federal Housing Finance Agency's (FHFA's) Foreclosure Prevention Report for that month. Along with those completed in November, the total foreclosure preventions by the GSEs since the start of their conservatorship now total more than 4.2 million. Continue Reading
