Two Suburban Developers And An Attorney Among Six Defendants Charged With Mortgage Fraud . CHICAGO- A federal grand jury returned a 25-count indictment yesterday charging six defendants with devising and participating in a mortgage fraud scheme which caused more than $16 million in losses to banks, mortgage lenders, Fannie Mae, and Freddie Mac.
CHICAGO – A federal jury today convicted the president of a Chicago real estate firm on fraud charges relating to a $105 million line of credit for city and suburban properties, including a former Goldblatt’s Department Store on the North Side and the Streets of Woodfield Mall in Schaumburg.
CHICAGO-Three partners in a failed north shore development project, a title company executive, and a loan officer were charged in a federal indictment unsealed yesterday with engaging in a $15.7.
A Palos Park lawyer was sentenced Wednesday in federal court for his role in a mortgage fraud scheme involving over 40 homes in the Englewood area. , 50, of Palos Park, faces nine years in jail.
Less than three months after being convicted of bank fraud, Chicago real estate developer laurance freed has asked a judge to toss out the verdict or grant him new trial, arguing that prosecutors.
MADIGAN: CHICAGO MAN SENTENCED TO SIX YEARS FOR CRIMINAL mortgage loan modification fraud. chicago – Attorney General Lisa Madigan announced a six-year prison sentence for a Chicago man who stole more than $350,000 by preying on desperate homeowners seeking to avoid foreclosure.. Warren Jackson, 44, of Chicago, pled guilty to criminal mortgage rescue fraud before Cook County Circuit Court.
Rising rents are pushing more tenants past the breaking point Rising Rents Are Pushing More Tenants Past the Breaking Point. By Patrick Clark, Bloomberg, October 26, 2017. Rents have increased rapidly across U.S. housing markets as the share of renting households has risen faster than the number of new units.Do servicers have enough capacity to handle their growing workload? Workload planning is an ongoing process of mapping resources and priorities. The overall process is as follows: First, determine your staff’s availability by estimating the number of hours that each person has available to work during the next three months. Account for vacation, training, holidays, management time, etc.
politics & government Cook County Judge Convicted Of Mortgage Fraud By Federal Jury Found guilty of a felony, Judge Jessica Arong O’Brien will lose her seat on the bench under state law.
Vincent Lane, once heralded as a visionary when he headed the Chicago Housing Authority, was sentenced to 2 1/2 years in prison Tuesday for lying to banks to obtain more than $2.5 million in loans for.
Law360, Miami (July 2, 2019, 10:10 PM EDT) — A former medical device company executive will likely spend the rest of his life in prison after receiving a 30-year sentence Tuesday in Florida federal.
Rising costs could test mortgage servicers’ strategies sure systems can best control and track mortgage servicing transactions. Capgemini’s Mortgage Servicing Workbench uses the model based testing approach to streamline the testing process. Our workbench offers complete, end-to-end functional coverage of mortgage servicing transactions, from origination, to servicing and up to delinquency
CHICAGO (AP) – A former Illinois judge convicted of mortgage fraud has been sentenced to one year and one day in prison. Former Cook county circuit judge jessica O’Brien sobbed loudly in court.