Federal Prosecutors Prove Former HUD Official Improperly Directed Government Business To A Personal Friend’s Company A federal jury has convicted a former HUD official. Former HUD Assistant Inspector-General Eghbal “Eddie” Saffarinia concealed efforts to direct tens of millions of dollars in government business to a friend to whom he owed money. The friend was also […]
The Government Shutdown Halts Reverse Mortgage Funding Because Lenders Can’t Get FHA Endorsements President Trump’s government shutdown is approaching the two-week mark. It has now brought the reverse mortgage sector to screeching halt. The government shutdown has HUD is working with a skeleton crew. That means FHA cannot underwrite or endorse reverse mortgages or any FHA products. […]
Hector Hernandez Directed His Employees To Falsify Information In A $64 Million FHA Mortgage Fraud Scheme Hector Hernandez, a Miami-area real estate developer and owner of Great Country Mortgage Bankers, his business partner and a senior mortgage underwriter each pleaded guilty to a FHA Mortgage Fraud Scheme. The mortgages written by Great Country Mortgage Bankers caused […]
Carmen Johnson Sentenced To 57 Months In Prison Followed By Five Years Of Supervised Release For Mortgage Fraud Carmen Johnson, 48, Gambrills, Maryland, was sentenced by U.S. District Judge George Jerrod Hazel to 57 months in prison followed by five years of supervised release for conspiracy, wire fraud and making a false statement on […]
Now The Vets Have Sued Oakland Township Claiming Its Using Zoning Laws to keep Vets And Other Disabled Residents From Moving In A developer and a group of Disabled Combat Veterans have sued the super posh Detroit suburb of Oakland Township. The disabled combat veterans claim that: Oakland Township engages in housing discrimination against the disabled, […]
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