LA man sentenced to 11 years in foreclosure scam

LA Man Gets 11-Year Prison Term for long-running foreclosure rescue scam. Glen Alan Ward, a former Los Angeles resident who fled to Canada and was a federal fugitive for 12 years, was sentenced on Monday to serve 11 years in federal prison for aggravated identity theft and bankruptcy fraud in connection with his leading role in a nearly 15-year.

Mortgage delinquency rate drops 18.4% annually: LPS Mortgage servicing foreclosure review faults subpar regulation The mortgagee may not commence foreclosure for a monetary default unless at least three full monthly installments due under the mortgage are unpaid after application of any partial payments that may have been accepted but not yet applied to the mortgage account.MountainView IPS appoints Christopher Kennedy managing director Bank of America now offering $0 origination fee on certain mortgages Now, multiply that figure by the days left in the month to see the savings. Some banks offer existing customers incentives on their mortgages. Bank of America Preferred Rewards members can save.American Academy of Actuaries – tionsh'ips, and for the qualifications of actuaries in pension work.. 1976 when Stephen G. Kellison was appointed Executive Director with. head- quarters in.., Basil, President, Basil Castrovinci Assoc Inc, 3235 Kennedy e 1971.. Cheetham, McClain, (F.S.A.), Actuary, 3213 mountview road, 1965.Delinquency Rate Drops 7.03 Percent in October – Lender Processing Services Inc. (LPS) has reported the following "first look" at October 2012 month-end mortgage performance statistics derived from its loan-level database representing approximately 70 percent of the overall market. Total U.S. loan delinquency rate (loans 30 or more days past due, but not in foreclosure): 7.03 percent Month-over-month change in delinquency rate: -4.91 percent.So, Where Will Housing Double Dip? The top 15 emerging markets for international house hunters International real estate acquisitions & Asset Management (operating since 2002). Portfolio minimum: $1M+ Residential and/or$3M+ Commercial real estate portfolios. All real estate acquisitions are in the top "Emerging Markets" in Southeast Asia and Central America! Cash-Flow & Appreciation! All income generating commercial & residential assets!"The real test for the market will therefore come when the tax credit expires at the end of June. At that point, we think that demand will fall back and foreclosures will continue to boost supply. Translation- a double dip in housing prices, because as supply and demand goes so does the real estate market.

San Francisco Man Sentenced to 12 Years for Mortgage Fraud Sergio Gutierrez , a 49-year-old San Francisco businessman, has been setenced by U.S. District Judge Jeffrey White to 12 years in federal prison for a mortgage fraud scam that targeted Spanish-speaking borrowers (affinity fraud, ethnic fraud).

2016: A look into the crystal ball for mortgages next year Nevada AG: Criminal actions coming to servicing industry soon state action supersedes Federal Action on Drug Pricing – A leaked draft was relatively benign, and all signs point to nothing further coming. Nevada can serve as templates as other states grapple with these issues. Maryland’s recently implemented law.Mortgage Delinquencies Pass 10%: LPS JPMorgan analysts see housing prices falling until mid-2011 Single-family housing starts improve single-family housing starts Powers Ahead | Housing Analysis. – The new construction housing market continues to improve.. One day after the National Association of Homebuilders reported a 5-year high in homebuilder confidence, the U.S. Census Bureau reports that single-family housing starts rose 2 percent for the second straight month last month.. In April, on a seasonally-adjusted, annualized basis, the government reports 492,000 single-family housing.AVA Investment Analytics is a trusted source of insight for financial advisers, Wall Street firms, fund managers, hedge funds and venture capital firms in addition to individual investors.Fitch Rates BCAP 2015-RR5 – The underlying pool has exhibited significant declines in the percentage of loans seriously delinquent. Also. Group 2 represents a 97.18% interest in the WaMu Mortgage Pass-Through Certificates.

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Fishing for the Future A foreclosure scam that lasted for 15 years ended with the sentencing of 48-year-old Glen Alan Ward of Los Angeles on Tuesday. Ward, who was a federal fugitive for 12 years, ended up receiving an 11-year sentence after pleading guilty to three separate charges.

The Whitfield County District Attorney says that a 51-year-old man from Rocky Face, Georgia was sentenced to 11 years in prison on October 23rd. James William Hefner Jr. was convicted on felony.

Saying he was amazed by the horror 2-year-old Joselin Hernandez suffered in her short life, a Ventura County judge sentenced her mother to 11 years in state prison Monday. Gabriela Hernandez wept.

A fraud suspect from Los Angeles who remained a fugitive for more than a decade was sentenced on Aug. 5 to 11 years in federal prison for running a nearly 15-year "foreclosure-rescue" scam that delayed foreclosure sales for more than 800 distressed homeowners.

A former Orange County court clerk was sentenced Friday to more than 11 years in prison for running a bribery scam in which he forged computer. A jury convicted a 12th man. In all, prosecutors said.

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