Subject:

Mortgage Banking and Services

  • Blogs

    November 3, 2006

    Arnold Schwarzenegger: Pumping Dollars

    In a state which has had as governor both Pete Wilson and Gray Davis, two men who could squeeze campaign contributions out of a stone, it would take a very special politician to set a new standard for money grubbing. Arnold Schwarzenegger is a very special politician. A story from The Associated P ... 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

    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

    January 12, 2010

    Mortgage Scheme is "Most Sophisticated and Arrogant Fraud" Judge David O. Carter Has Seen

    ​Jared Tornow, 34, of San Clemente, was sentenced this morning to nearly six years in federal prison for what U.S. District Judge David O. Carter called one of the most sophisticated and arrogant frauds he has ever seen.According to court documen ... More >>

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