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Blogs
February 1, 2010
[UPDATED:] Trabuco Canyon's Lila Rizk Guilty in Massive Real Estate Fraud
UPDATE: At her sentencing in a Los Angeles federal court today, Trabuco Canyon's Lila Rizk received a three-year prison term for her role in a massive mortgage fraud scheme that caused tens of millions of dollars in losses to federally insured banks.A federal jury on Aug. ... More >>
Blogs
December 15, 2009
$3.6 Million Fraud Plot Used Several Mortgages on Same House
Not the home in question but an amazing facsimile.A married couple from Fountain Valley and a Newport Coast mortgage broker are scheduled to be arraigned in a Santa Ana courthouse this morning for their alleged roles in a $3.6 million fraud scheme that involved several mortgages being taken out o ... More >>
Blogs
August 13, 2009
AG Jerry Brown Goes After OC Mortgage Loan Modifiers
AG Jerry Brown and his suede-denim secret police are coming after OC loan modification companies. California Attorney General Jerry Brown is cracking down on 133 Orange County-based home loan modifiers, reports Orange County Register "Mortgage Insider" Matthew Padilla. Anyone who read Clockwork' ... More >>
Blogs
June 8, 2009
Even Swanky Hotel Owners Can't Afford Their Mortgage
Sunstone Hotel Investors Inc., a San Clemente-based real estate investment trust, will default on the June mortgage payment for its swanky W Hotel San Diego property and turn over the 258-room downtown hotel to lenders, after failing to lower interest payments.The hotel has been hurt by "significant ... More >>
Blogs
March 30, 2009
It's a Quick Read 22: Weekend and Monday Edition
Orange County Register: Robbins: The chance of dying in Orange County from a natural disaster is relatively low. This is based on a study Fox News cheerily lables "the death map." . . . Wisckol: A 59-year-old Aliso Viejo woman's description of kissing President Barack Obama on his cheek at ... More >>
Blogs
March 10, 2009
Welcome to the Poorhouse: Problem Makers Become "Solvers"
One reason I find myself in the financial fix I am in is because I took took a gamble. The plan hatched with my mortgage broker was to temporarily pay a low, low mortgage--that did not lower my principal--to free up enough cashflow to pay down my credit-card debt. This would improve my credit score ... More >>
Blogs
March 9, 2009
Welcome to the Poorhouse: From My Bank to Your Ears
Every thirteen seconds, an American loses his/her home. In 2008, more than 2.3 million families faced foreclosure. If the government doesn't intervene in a muscular way, an estimated 6 million owners will lose their homes in the next three years. Those sobering stats begin a Nation piece that actual ... More >>
Blogs
February 10, 2009
Santa Ana-Anaheim-Irvine Foreclosures Are Up and Mortgage Delinquencies Are WAY Up
Home foreclosures continue to wrack the Santa Ana-Anaheim-Irvine area, increasing 0.40 percent in December 2008 compared to the previous year. The rate of foreclosures among outstanding mortgage loans rose from 0.90 percent in December '07 to 1.30 percent 12 months later, according to First ... More >>
Blogs
March 25, 2008
OC Homewreckers Hung Out to Dry
According to a Department of Justice press release and reported by the Register, Charles Head, a 33-year-old from La Habra and several accomplices have been charged with illegal activities purportedly using the latest mortgage scam to come through the pipeline. One can only expect more scams to ... More >>
Columns
December 10, 1998
Tourists Trapped
According to a Department of Justice press release and reported by the Register, Charles Head, a 33-year-old from La Habra and several accomplices have been charged with illegal activities purportedly using the latest mortgage scam to come through the pipeline. One can only expect more scams to ... More >>

Blogs

[UPDATED:] Trabuco Canyon's Lila Rizk Guilty in Massive Real Estate Fraud

Blogs

$3.6 Million Fraud Plot Used Several Mortgages on Same House

Blogs

AG Jerry Brown Goes After OC Mortgage Loan Modifiers

Blogs

Even Swanky Hotel Owners Can't Afford Their Mortgage

Blogs

It's a Quick Read 22: Weekend and Monday Edition

Blogs

Welcome to the Poorhouse: Problem Makers Become "Solvers"

Blogs

Welcome to the Poorhouse: From My Bank to Your Ears

Blogs

Santa Ana-Anaheim-Irvine Foreclosures Are Up and Mortgage Delinquencies Are WAY Up

Blogs

OC Homewreckers Hung Out to Dry

Columns

Tourists Trapped

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