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Appraisal News
Appraisal industry news and blog.
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Posted on Wednesday March 26th, 2008 at 4:46 pm
Michael John Sorensen, Jr., 40, Anchorage, Alaska, pleaded guilty to wire fraud associated with kickbacks he received from home sales in Anchorage, Alaska. In connection with the guilty plea, Assistant United States Attorney Retta Randall advised the cour...
Posted on Wednesday March 26th, 2008 at 4:46 pm
In recent months, an Eastern District of California Mortgage Fraud Task Force has been established. This action was taken as a result of the significant increase in reported mortgage fraud as economic conditions and the housing market have worsened. Membe...
Posted on Tuesday March 25th, 2008 at 4:44 pm
19 individuals were indicted for mortgage fraud-related offenses under Operation Homewrecker. The leader of this nationwide scam is Charles Head, 33, Los Angeles, California, who targeted homeowners in dire financial straits, fraudulently obtaining title ...
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