Reverse Mortgages: What You Need to Know I have been inundated with calls about Reverse Mortgages lately. So I have decided to write this article explaining how Reverse Mortgages work and if they are right for you. If you have any further questions, I can refer you to a qualified FHA broker or originator. What
Reverse Mortgages: What You Don’t Know Could Cost You Read Post »
GOP-Led U.S. Senate Confirms Unqualified Crackpot Ben Carson As Secretary Of Housing and Urban Development It appears crackpot Ben Carson will be confirmed as Secretary of HUD. The retired neurosurgeon will officially take over HUD by mid-February. The Senate Banking, Housing and Urban Affairs Committee unanimously confirmed Carson earlier this week. The Senate is expected
Crackpot Ben Carson Is Confirmed As HUD Secretary By Senate Read Post »
Hudson Valley Developer Michael Barnett Pleads Guilty To Participating In A Fraudulent Kickback Scheme Hudson Valley Developer Michael Barnett of Ulster County pleaded guilty to conspiring to defraud lenders. He also made false statements to HUD in connection with his development of Vineyard Commons. Vineyard Commons is a luxury residential complex in Ulster County, New
Hudson Valley Developer Admits To HUD Kickback Scheme Read Post »
Mortgage Fraudster Pleads Guilty To Submitting Bogus Loan Applications In A $6 Million Dollar Mortgage Fraud Scheme Mortgage fraudster Miguel LaRosa pleaded guilty before U.S. District Judge Susan D. Wigenton in Newark federal court. LaRosa pleaded to one count of conspiracy to commit wire fraud. The mortgage fraudster confessed to submitting bogus loan applications as part
Mortgage Fraudster Confesses To $6M Mortgage Fraud Scheme Read Post »
The DOJ’s False Claims Act Suit Could Force Quicken Loans To Give Up FHA The legal battle between Quicken Loans and the DOJ may drive Quicken out of FHA lending. The DOJ’s alleges that Quicken knowingly submitting hundreds of fraudulent loans insured by the Federal Housing Administration Quicken Loans owner Dan Gilbert had several of his infamous Veruca
False Claims Act Suit May Force Quicken Out of FHA Read Post »
