Mortgage broker receives prison sentence – Portland Business Journal
Kamau Herndon, 38, admitted he submitted three false applications for homes in Milwaukie, Portland and Edmonds, Wash. The loans, which totalled … is the son of Ron Herndon, director of Albina Head Start in Portland and a well-known community …
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Good day my friends. I wanted to take a moment and share some thoughts on the Portland home mortgage market and how we as local mortgage and real estate professionals need to get back to the basics of marketing. My personal journey in this mortgage business started over 12 years ago and I recall a time when the telephone and a handshake was enough to secure a client relationship. The computer was …
Good day my friends. I wanted to take a moment and share some thoughts on the Portland home mortgage market and how we as local mortgage and real estate professionals need to get back to the basics of marketing. My personal journey in this mortgage business started over 12 years ago and I recall a time when the telephone and a handshake was enough to secure a client relationship. The computer was …
The man whom federal prosecutors say led a $3 million mortgage fraud scheme in the Kansas City area received a 51-month prison term and a forfeiture order. Eric Rabicoff , 28, pleaded guilty to one count of money laundering for his role in gathering a pool … Go to Source…
Nearly two years after an Albany man was implicated in a massive mortgage-fraud scheme involving more than 70 area residential properties, he is scheduled to be sentenced in U.S. District Court later this month. Kevin M. O’Connell, 36, of Yardboro Avenue … Go to Source…
Rising mortgage rates put a dent in mortgage applications last week. Washington, D.C.-based The Mortgage Bankers Association says total applications fell 9.5 percent from the previous week, while applications to refinance an existing mortgage fell 11.4 … Go to Source…
DENVER (MarketWatch) — One of the few people I’ve gotten to know who actually went to prison for mortgage fraud is a 50-year-old grandmother from Southern California named Maria Echeverria. Things are looking up for Echeverria since I first … Go to Source…
A New Jersey mortgage broker and former head of the Bergen County Improvement Authority has been indicted by a federal grand jury on charges of preparing fraudulent mortgage applications. Forty-seven-year-old Upper … Go to Source…
The state of Florida has the third-highest percentage of homes under water, according to a report by Santa Ana, Calif.-based First American CoreLogic , a real estate information company, Nationwide, more than 11.3 million, or 24 percent, of all … Go to Source…
In February 2004, future Federal Reserve Chairman Ben Bernanke penned a paper titled “The Great Moderation,” a celebration of a sunny new era of economic stability. Deregulation and “increased depth and sophistication of financial markets,” were in part … Go to Source…
Federal prosecutors filed a criminal complaint against Joseph Daniele in connection with a mortgage fraud scheme that authorities said involved about 400 homes in the Tampa Bay area. Daniele, who lives in Tampa, was … Go to Source…
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