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Florida man sentenced to prison for falsifying loan apps
Manuel Ruiz Quiroz of Miami, Fla. was sentenced by U.S. District Court Judge K. Michael Moore to 120 months in prison on two counts of mail fraud in connection with his submission of loan applications...
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Maryland Title Agency Operator Pleads Guilty in $3.7 Million Fraud Scheme
Anthony V. Weis of Phoenix, Md. has pleaded guilty to wire fraud in connection with a mortgage fraud scheme to defraud lenders of approximately $3.7 million in just eight months. The guilty plea was...
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Ohio Woman Sentenced to 18 Months for Mortgage Fraud
Bonnie Helt of Columbus, Ohio, was sentenced to 18 months in prison by U.S. District Court Judge Michael H. Watson in Columbus for conspiring to commit mortgage fraud and obstruction of justice, the...
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LPS Processes Nearly 37 Million Loans for 67 MSP Clients Within One Day
Lender Processing Services Inc. (LPS), a provider of integrated technology and services to the mortgage and real estate industries, has announced that it successfully completed year-end mortgage loan...
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Controversial Real Estate Valuations Addressed in New Appraisal Institute Book
A new book published the Appraisal Institute demonstrates valuation methodologies for controversial easement-related appraisal assignments. “Appraising Conservation and Historic Preservation Easements”...
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NCS’ TRV Services Added to MeridianLink’s Mortgage Credit Link Platform
NCS, a provider of income, identity and credit intelligence, has announced a partnership with credit technology provider MeridianLink to include NCS’ TRV Services within the MeridianLink Mortgage...
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California Woman Arrested in Foreclosure Assistance Scam
Tara Denise Bonelli of Santa Cruz, Calif. has been arrested by agents from the Federal Bureau of Investigation (FBI) and Internal Revenue Service, Criminal Investigation. A federal grand jury in San...
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CoreLogic Integration With 4506-T Direct Seeks to Stamp Out Mortgage...
CoreLogic, a provider of information, analytics and business services, has announced that it has integrated a tax return income verification solution—4506-T Direct—with its Mortgage Builder...
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The Elite Performer: It’s Time to Check the Balance Sheet at YOU Inc.
Tax time is here again … or at least it will be soon. With 2011 in the rearview mirror, all that’s left of it are the forms and paperwork to file with the Internal Revenue Service (IRS). Checking the...
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Study Finds Affordable Housing Remains Just That ... Affordable
Since its inception, the nation’s Low-Income Housing Tax Credit (LIHTC) Program helped produce more than 2.2 million affordable apartments, accounting for roughly one-third of all multi-family rental...
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MBA Supports IRS Decision to Accept e-Signatures for Tax Return Transcript...
The Mortgage Bankers Association (MBA) has backed an announcement by the Internal Revenue Service (IRS) that it will soon begin allowing electronic signatures on Form 4506-T, Request for Transcript of...
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Veri-Tax and Verification Bureau Adopt Adobe EchoSign to Create IRS Form...
Veri-Tax LLC, has launched a Form 4506-T electronic signature solution using the EchoSign platform by Adobe in support of the IRS’ commitment to accept electronic signatures on income verification...
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Equifax and DocuSign Partner With the IRS On eSignature Development
Equifax has announced a partnership with DocuSign to make it easier, faster and more secure for individuals and businesses to electronically sign and submit an essential mortgage lending Internal...
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Kansas Man Gets 15 Months for Defrauding Mortgage Lenders
A Johnson County, Kan. man has been sentenced to 15 months in federal prison on bank fraud charges, U.S. Attorney Barry Grissom stated. In addition, he was ordered to pay a $5,000 fine. Kevin M....
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Philly Broker Sentenced to 160 Months in Straw Buying Scheme
Allie Speight of Philadelphia has been sentenced to 160 months in prison for a loan fraud scheme that included aggravated identity theft, bank fraud, wire fraud, and money laundering. Speight pleaded...
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ComplianceEase Partners With Xerox Mortgage on Income Verification Solution
ComplianceEase has announced that it has integrated its income verification solution, 4506xpress with the Xerox Mortgage Services BlitzDocs intelligent collaborative network. The integration allows...
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QuestSoft Certifies Acceptance of Seven E-Signature Providers
QuestSoft Corp. has added electronic signature (e-signatures) gateways from six providers, broadening the options for its customers using QuestSoft’s Internal Revenue Service (IRS) 4506-T and Social...
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Florida Man Sentenced in Straw Buyers Scam
Christy Romero, Special Inspector General for the Troubled Asset Relief Program (SIGTARP), and Pamela C. Marsh, United States Attorney for the Northern District of Florida announced that Lawrence Allen...
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LPS Processes Nearly 37 Million Loans for 67 MSP Clients Within One Day
Lender Processing Services Inc. (LPS), a provider of integrated technology and services to the mortgage and real estate industries, has announced that it successfully completed year-end mortgage loan...
View ArticleClik here to view.
Controversial Real Estate Valuations Addressed in New Appraisal Institute Book
A new book published the Appraisal Institute demonstrates valuation methodologies for controversial easement-related appraisal assignments. “Appraising Conservation and Historic Preservation Easements”...
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