LOS ANGELES, Calif. – A former Los Angeles resident who was a federal fugitive for a dozen years was sentenced today to 11 years in prison for operating a scam that promised to postpone foreclosure sales for more than 800 distressed homeowners in the Southland and elsewhere.
Copiague man sentenced to more than 12 years in mortgage scam. Wider, 50, the former head of mortgage bank HTFC Corp. based in Garden City, was convicted of conspiracy to commit bank fraud in January 2016 after a four-week trial in federal court in Central Islip.
FORMER 12-YEAR FEDERAL FUGITIVE SENTENCED TO 11 YEARS IN PRISON FOR NATIONWIDE FORECLOSURE SCAM Collected More Than $1.2 Million from More Than 800 Distressed Homeowners WASHINGTON, DC – Glen Alan Ward, 48, a former Los Angeles resident who fled to Canada and was a federal fugitive for 12 years, was sentenced on Monday to serve 11 years in.
· A fraud artist who claimed to help distressed homeowners stave off foreclosures has been sentenced to 11 years in Federal prison after he was finally caught in Waterloo, Canada. Here was his scam. Mr. W would solicit homeowners who were facing foreclosure on their home.
U.S. Bancorp resolves repurchase obligations with Freddie Mac Bank of America, based in Charlotte, North Carolina, and the biggest U.S. lender by assets. That followed earlier settlements with Fannie Mae and Freddie Mac and bond insurer Assured Guaranty Ltd..Texas housing market springs to recovery Could Spring, TX be your next home? Kick-start your search with Trulia’s real estate guide and home search. With interactive maps and charts, Trulia provides a comprehensive overview of market trends, schools, demographics, and lifestyle data to help you learn all about Spring.
Man Sentenced for Foreclosure Rescue Scam Allison Tussey – October 5, 2012 – Leave a comment Rickey White , 46, Westland, Michigan, was sentenced to a 23 to 40 year prison sentence for running an extensive foreclosure-rescue fraud operation that may have scammed up to 400 victims.
His idol was Eddie Murphy – the most successful, confident black man around. That’s who he wanted to be. But the one count he was found guilty of was enough to earn him 11 years in prison. Left.
A former Senior Vice President and loan officer at Pierce Commercial Bank was sentenced today in U.S. District Court in Tacoma to 10 years in prison and five years of supervised release for a mortgage fraud scheme that resulted in the collapse of the bank, announced U.S. Attorney Jenny A. Durkan.
S&P/Case-Shiller: Home prices rise 0.9% redwood trust: 4 optimistic opportunities ahead for mortgage REITs cfpb names mulvaney, Hensarling aide Brian Johnson deputy director Mulvaney Promotes Brian Johnson to Acting Deputy Director of CFPB – Brian Johnson has been promoted to acting deputy director of the Consumer Financial Protection Bureau (CFPB). Acting Director Mick Mulvaney made the announcement on Monday. Johnson previously served as principal policy director. Johnson’s promotion follows the resignation of Leandra English, who served as deputy director.Redwood Trust. type of conforming mortgage financing to mainstream U.S. borrowers, with the private sector absorbing first-loss credit risk, ahead of a government guarantee. This would represent a.CMBS Delinquencies and Special Servicing Hit Record Highs Greater Boston still trails the country as a whole when it comes to delinquencies. hit hard. Six buildings located at 101 Billerica Ave. with a combined $27 million of outstanding obligations,
He is arrested and sentenced to death but astonishingly vanishes from his. The single American “Lost Highway” production was a cautious student effort at Oberlin 11 years ago. Sharon has expressed.
A foreclosure scam that lasted for 15 years ended with the sentencing of 48-year-old Glen Alan Ward of Los Angeles on Tuesday. Ward, who was a federal fugitive for 12 years, ended up receiving an 11-year sentence after pleading guilty to three separate charges.