Mortgage Fraud Voice

A Mortgage Meltdown Quiz | RISMedia

2007-10-17T21:05:00.000-07:00

A Mortgage Meltdown Quiz RISMedia: "Ralph Roberts is a real estate fraud expert and activist and co-author of “Protect Yourself from Real Estate and Mortgage Fraud: Preserving the American Dream of Homeownership” (Kaplan, August 2007). Visit http://www.flippingfrenzy.com or contact Ralph at RalphRoberts@ralphroberts.com or 586.751.0000."

A Mortgage Meltdown Quiz | RISMedia

2007-10-17T19:57:00.000-07:00

A Mortgage Meltdown Quiz RISMedia: "When someone borrows $300,000 to purchase a home, for example, the broker receives 2 points at closing for a total of $6,000. They then package the loan with other loans and sell it to the market at 104% or $312,000. In this case, the originator just “earned” $18,000 off the mortgage loan-the $6,000 commission plus the $12,000 markup."

John T. Reed's view of various real estate investment gurus

2007-09-23T16:27:00.000-07:00

John T. Reed's view of various real estate investment gurus: "Here is an alphabetical list of famous real estate investment gurus and seminar organizations along with information about them which investors may find of interest. Where I have a relevant product, it is mentioned and linked to the appropriate page. The Federal Trade Commission has a similar page although they are reluctant to name names, but they do identify red flags to watch for at www.ftc.gov/ftc/consumer.htm ."

MATTHEW COX

2007-09-23T16:26:00.000-07:00

REBECCA HAUCK

2007-09-23T16:24:00.000-07:00

Real estate fraud rises in US | csmonitor.com

2007-09-23T16:20:00.000-07:00

Real estate fraud rises in US csmonitor.com: "The Internal Revenue Service's criminal case numbers in mortgage fraud have been doubling every two years through the first half of this decade. If the downturn continues past 2007, experts say the implications for the economy could be dire.'Real estate fraud is going to make the S&L crash look like two cars in the parking lot that bumped into each other at five miles an hour,' predicts Ralph Roberts, the author of 'Flipping Houses for Dummies,' in Warren, Mich. Georgia is a major hot spot of mortgage fraud, where metro Atlanta has become known as the mortgage fraud capital of the US, according to rankings by Fannie Mae."

Image: Protect Yourself from Real Estate and Mortgage Fraud : Preserving the American Dream of Homeownership: Ralph R Roberts,Rachel Dollar

2007-09-16T09:58:00.000-07:00

Image: Protect Yourself from Real Estate and Mortgage Fraud : Preserving the American Dream of Homeownership: Ralph R Roberts,Rachel Dollar

Rocky Mountain News - Denver and Colorado's reliable source for breaking news, sports and entertainment: Real Estate

2007-09-16T09:06:00.000-07:00

Rocky Mountain News - Denver and Colorado's reliable source for breaking news, sports and entertainment: Real Estate: "Home buyers and owners refinancing mortgages are increasingly finding at the closings that their lender isn't honoring the deal they thought they had locked up. Throw in the record levels of foreclosures. "

Sugar Land man gets 25 years in mortgage fraud | Chron.com - Houston Chronicle

2007-09-16T09:03:00.000-07:00

Sugar Land man gets 25 years in mortgage fraud Chron.com - Houston Chronicle: "Prosecutors said Batts and others used false appraisals, loan applications and escrow receipts as well as altered title policies and other falsified documents to buy the houses. The houses were then quickly sold at inflated prices to straw buyers who thought the deals were legal, prosecutors said."