Mortgage

Mortgage

Utah Man Pleads Guilty in West Virginia to Charges Connected to Multi-Million-Dollar Mortgage Fraud...

CHARLESTON, WV - November 14, 2011 - (RealEstateRama) -- A Utah man pleaded guilty today in federal court before U.S. District Judge Thomas E. Johnston to charges connected to a multi-million-dollar mortgage fraud scheme involving properties at a Hurricane, W.Va., subdivision. Michael S. Hurd, 37, of Salt Lake City, pleaded guilty to conspiracy to commit wire fraud and bank fraud. The defendant also pleaded guilty to mail fraud arising out of his involvement in a similar scheme in Modesto, Calif.

Virginia Real Estate Businessman Pleads Guilty to Mortgage and Investment Fraud Schemes

WASHINGTON, WA - July 15, 2011 - (RealEstateRama) -- Alexander Otis Matthews, a Virginia real estate businessman pleaded guilty today to fraud charges in connection with mortgage and investment schemes to obtain more than $12 million in fraudulent loans.

Attorney General Darrell McGraw Alerts Consumers to Upcoming Deadline for Mortgage Help

CHARLESTON, VA - July 15, 2011 - (RealEstateRama) -- West Virginia Attorney General Darrell McGraw wants to remind the state’s consumers that time is running out to take advantage of the federally funded Emergency Homeowner Loan Program.

Fairfax County to Participate in the First Regional Affordable Housing Expo

June 21, 2011 - (RealEstateRama) -- On Saturday, June 25, 10 a.m.to 4 p.m., Fairfax County will join with the Northern Virginia Affordable Housing Alliance (NVAHA), the counties of Arlington and Loudoun; the Cities of Alexandria and Falls Church; the Town of Herndon; Cardinal Bank, and George Mason Mortgage, to jointly host the Northern Virginia Housing Opportunities Expo, the area’s first annual regional affordable housing expo. The event will be held at T.C. Williams High School, 3330 King Street, Alexandria, VA 22301.

Realtor Admits to $2.4 Million Mortgage Loan Fraud

RICHMOND, VA - April 19, 2011 - (RealEstateRama) -- Jodi D. Robinson, age 38, a Richmond realtor and owner of Citicorp Investments, a Virginia LLC, pled guilty today to a five-year mortgage loan fraud, in violation of Title 18, United States Code, Section 1341. Robinson is facing a sentence of 30 years in prison and a fine of $1 million dollars when she is sentenced by Chief United States District Judge James R. Spencer on July 31, 2011. Neil J. MacBride, United States Attorney for the Eastern District of Virginia; Kenneth R. Taylor, Special Agent in Charge of HUD's Office of Inspector General; Keith Fixel, the Inspector in Charge of the Postal Inspection Service; and Michael Morehart, Special Agent in Charge of the FBI, announced today's guilty plea

Foxx votes to eliminate failed, bailout-era program; bill saves $29 billion

Washington, DC - March 30, 2011 - (RealEstateRama) -- Congresswoman Virginia Foxx (NC-5) voted today for a bill that ends a failed government mortgage modification program, saving taxpayers up to $29 billion. The program, known as Home Affordable Modification Program (HAMP), came into existence in 2009 and is widely criticized by government watchdogs like the Government Accountability Office (GAO). The bill, HR 839, passed the House 252-170

Connolly Offers Amendment to Keep Military Families in Their Homes

March 15, 2011 - (RealEstateRama) -- An amendment by Congressman Gerry Connolly to continue providing emergency mortgage assistance to service members, veterans, and gold star families failed on a party line vote today as the House of Representatives passed legislation to strip assistance to homeowners in distress.

Chesapeake Woman Pleads Guilty in Foreclosure Rescue Mortgage Fraud Scheme

NORFOLK, VA - December 7, 2010 - (RealEstateRama) -- Shanita Lacy, age 34, of Chesapeake, Virginia, pleaded guilty today in Norfolk federal court to conspiring to commit mail and wire fraud in connection with a scheme to fraudulently obtain home mortgages

Woodbridge Man Sentenced 46 Months for Mortgage Fraud

ALEXANDRIA, VA - June 4, 2010 - (RealEstateRama) -- Ahmad Z. Abbasi, 36, of Woodbridge, Va., was sentenced today to 46 months in prison, followed by three years of supervised release, and ordered to pay $1,637,412 in restitution.

Virginia Businessman Pleads Guilty in $2.3 Million Mortgage and Investment Scheme

RICHMOND, VA - February 24, 2010 - (RealEstateRama) -- Robert S. Capehart, 55, of Richmond, Va., pled guilty to committing a $2.3 million mail fraud on banks and investors over a six year period.

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Arlington County Board Approves Redevelopment of Former Bob Peck Site

Ballston project incorporates office buildings, affordable housing, ground-floor retail, townhouses ARLINGTON, Va.– The Arlington County Board today approved a mixed-use project for the last unplanned...

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New Poll Shows Virginians Strongly Favor Policies that Make Housing More...

The Campaign for Housing and Civic Engagement (CHACE), a statewide network of housing advocates spearheaded by the Virginia Housing Alliance and the Virginia Poverty Law Center working to elevate housing issues for the 2017 elections, revealed the results of a statewide public opinion survey on housing and energy efficiency issues conducted by the Judy Ford Wason Center for Public Policy at Christopher Newport University