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Lee Farkas

Convicted Mortgage Fraudster Lee Farkas Wants His Mommy

Lee Farkas Says Prison Is Depressing And He Is So Lonely That He Feels Like A Zombie If you didn’t work in wholesale lending during the housing boom, you have probably never heard of Lee Farkas or his now defunct and disgraced company, Taylor, Bean and Whittaker who were a major player in wholesale lending. […]

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Convicted Mortgage Fraudster Lee Farkas Wants His Mommy Read Post »

FBI Offers Reward For Mortgage Fraudster Ronnie Duke

Mortgage Fraudster Ronnie Duke Never Reported To Prison Six Months Ago   The FBI is offering a $5000 reward for information leading to the arrest of former Michigan mortgage fraudster Ronnie Duke.  Duke a habitual criminal who rose to become the kingpin of a multi-million dollar mortgage fraud operation had failed to report to federal prison

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FBI Offers Reward For Mortgage Fraudster Ronnie Duke Read Post »

Citigroup

Citigroup Follows The Herd Of Bankers Selling Off Servicing Rights

Citigroup Selling Servicing Rights as Banks Retreat The U.S. mortgage market’s largest lenders like Citigroup are pulling back amid looming regulations and a drop in refinancing that fueled record profits last year. Bloomberg via National Mortgage News Citigroup Inc., the third-biggest U.S. bank, is selling mortgage-servicing rights on $63 billion of loans, or about 21

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Citigroup Follows The Herd Of Bankers Selling Off Servicing Rights Read Post »

Urban Spartacus

Detroit Lost An Urban Spartacus To Cancer Today

Detroit Urban Spartacus Kelly Parker Reminded Us Of What We Can Accomplish If We Stand Up And Fight   In the dystopian post-industrial ruins of Detroit where hundreds of thousands of people fight to survive, Urban Spartacus Kelly Parker rose above the poor timid souls that inhabit what was once the “Arsenal of Democracy” This

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Detroit Lost An Urban Spartacus To Cancer Today Read Post »

Mortgage Fraud Kingpin

Mortgage Fraud Kingpin Fails To Report To Federal Prison

Judge Issues Arrest Warrant For Mortgage Fraud Kingpin   Ronnie Duke, the habitual criminal who rose to become the kingpin of a multi-million dollar mortgage fraud operation has failed to report to federal prison in West Virginia. Duke was convicted and sentenced in April to 13 years in prison for using a scheme that used fake

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Mortgage Fraud Kingpin Fails To Report To Federal Prison Read Post »

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