Mortgage

Mortgage

Two Sentenced in Mortgage Fraud and Tax Fraud Schemes

MADISON, WI - October 27, 2010 - (RealEstateRama) -- John W. Vaudreuil, United States Attorney for the Western District of Wisconsin, announced that Carlos R. Solis and Marty G. Mendez were sentenced yesterday by U.S. District Judge William M. Conley in prosecutions stemming from a federal mortgage fraud and tax fraud investigation.

Wausau Mortgage Brokers Charged With Fraud

WAUSAU, WI - September 10, 2010 - (RealEstateRama) -- Attorney General J.B. Van Hollen announced today that the Wisconsin Department of Justice (DOJ) and Marathon County District Attorney’s Office have charged two Wausau mortgage brokers with fraud related to their roles in a “buy back” real estate scheme.

Mortgage Broker Receives 51-Month Prison Sentence

MADISON, WI - August 12, 2010 - (RealEstateRama) -- John W. Vaudreuil, United States Attorney for the Western District of Wisconsin, announced that Brian K. Bowling, 44, of Sun Prairie, Wisconsin, was sentenced today by U.S. District Judge Barbara B. Crabb to 51 months in prison, with a five-year term of supervised release.

Mortgage Fraud Charges Involve Approximately 50 Loans Totaling More Than $8 Million

MADISON, WI - April 8, 2010 - (RealEstateRama) -- Stephen P. Sinnott, United States Attorney for the Western District of Wisconsin, announced that the following charges were filed on April 8, 2010:

Madison Area Tax Preparer Charged in Mortgage Fraud Scheme

MADISON, WI - December 18, 2009 - (RealEstateRama) -- Stephen P. Sinnott, Acting United States Attorney for the Western District of Wisconsin, announced the unsealing of a two-count indictment charging Gail L. Mendez, 44, of Sun Prairie, Wis., with bank fraud involving mortgage applications and making false statements in connection with a loan application.

Kind Extends Homebuyer Benefits to Military Families

WASHINGTON, DC - November 5, 2009 - (RealEstateRama) -- U.S. Rep. Ron Kind (D-WI) today voted in favor of the Worker, Homeownership and Business Assistance Act of 2009, a bill that will help continue America’s economic recovery by extending and improving the homebuyer tax credit, providing homebuyer benefits to military families, and extending unemployment benefits.

A.G. Van Hollen, Mayor Barrett, Marquette University Law School Dean Kearney Announce Grant For...

MILWAUKEE, WI - May 26, 2009 - (RealEstateRama) — Wisconsin Attorney General J.B. Van Hollen and Milwaukee Mayor Tom Barrett will join Marquette University Law School Dean Joseph D. Kearney tomorrow for a press conference to announce the Attorney General’s grant award to support a mortgage foreclosure mediation program in Milwaukee and throughout the state.

Five Charged in $14 Million Mortgage Fraud Scheme

Milwaukee, WI - May 7, 2009 - (RealEstateRama) — Acting United States Attorney Michelle L. Jacobs announced today that a federal grand jury in the Eastern District of Wisconsin returned a twenty four count indictment charging five people with wire fraud and money laundering in connection with a mortgage fraud scheme.

Central States Mortgage files for receivership

MILWAUKEE, Wis. - March 31, 2009 - (RealEstateRama) — Central States Mortgage Co., which provided mortgage services to more than 250 credit unions, has filed for receivership and plans to liquidate its assets.

Central States Mortgage suspends operations

WAUWATOSA, WI - March 10, 2009 - (RealEstateRama) — CSMC Inc., a Wisconsin-based mortgage broker doing business as Central States Mortgage (CSM), suspended operations Monday, the company announced.

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Attorney General J.B. Van Hollen Announces National Mortgage Settlement Relief Exceeds...

Attorney General J.B. Van Hollen announced today that Wisconsin borrowers received $23.5 million in mortgage loan-related relief in the first quarter of 2013 under the National Mortgage Settlement. Adding to previously announced totals, 3,516 Wisconsin borrowers have now claimed $167,183,021 in loan-related relief. In addition, 106 Wisconsin borrowers are in trial mortgage modifications, which will add $8 million to the State’s relief in coming months – raising the projected total to more than $175 million statewide so far.

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Pick N Save West Bend

The Boulder Group Arranges Sale of Single Tenant Net Leased Pick...

The Boulder Group, a net leased investment brokerage firm, has completed the sale of a single tenant net leased Pick ‘n Save property located at 2518 West Washington Street in West Bend, Wisconsin for $18,186,840.