Massachusetts Mortgage Fraudster Pleads Guilty To $4.3 Million Scam

Massachusetts Mortgage Fraudster Joseph Bates Pleads Guilty To Operating A $4.3 Million Scam For Almost A Decade A Massachusetts mortgage fraudster admitted in court that he took part in a nearly decade-long mortgage fraud scheme. He also admitted that he defrauded financial institutions of millions of dollars. Joseph Bates pleaded guilty last week in federal court […]

massachusetts foreclosure auctions

REALTOR ALERT: Massachusetts Foreclosure Auctions Could Kill You!

WARNING REALTORS! You Are Putting Your Life In Danger By Attending Massachusetts Foreclosure Auctions! Massachusetts foreclosure auctions are potentially deadly and the law has to be changed.  Here’s why. Massachusetts does foreclosure auctions at the foot of the driveway of the property in foreclosure. Most people think that by the time auction happens the house […]

Massachusetts Mortgage Broker

Massachusetts Mortgage Broker Convicted of Bank Fraud

Michael P. O’Donnell Convicted Of Attempted Bank Fraud   Michael P. O’Donnell, 53, was convicted of one count of bank fraud after a three-day bench trial before the Honorable Douglas P. Woodlock, United States District Judge. Judge Woodlock scheduled sentencing for Oct. 20, 2015. O’Donnell, through his company AMEX Home Mortgage, knowingly engaged in a […]

Now Its Mortgage Insurers Going After Homeowners

Homeowners Are Getting Big Bills For-Houses Already Taken In Foreclosure Jenifer McKim and Jess Aloe, Boston Globe When Guillermo Galindo lost his two-family Revere home to foreclosure in 2009, the soft-spoken Colombian thought he had finally freed himself from the flood of threatening collection letters from his lender and a ballooning, untenable debt. All of […]

Elizabeth Warren

4 Bankers Get Slapped By A Woman In Massachusetts

Four Banks Reach $2.7 Million Settlement With Massachusetts AG Martha Coakley Over Foreclosure Violations Massachusetts AG Martha Coakley has forced four national banks to pay a combined $2.7 million. Coakley claims they are penalties for unlawfully foreclosing on properties in Massachusetts. Coakley accused Bank of America, Citi, JPMorgan Chase, and Wells Fargo of violating Massachusetts foreclosure laws and the Massachusetts […]

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