Tag Archives: Mortgage fraud

What’s fraud got to do with it?

Federal judge denies TRO against Lend America after government can come up with only a dozen specific instances of fraudulent FHA loan applications.

In a press statement, Ideal Mortgage Bankers said: “Lend America is pleased to announce that today the court denied the Government’s request for an order prohibiting Lend America from originating FHA insured loans.”

Ideal added: “We look forward to continuing our partnership with HUD and our mission of providing affordable financing for those borrowers in need.”

That’s so sweet.

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Hey kids, it’s so easy, anyone can do it!

California gang members indicted in mortgage fraud scheme. Now if it turns out they didn’t pay their taxes, too, they’ll be eligible for cabinet appointments.

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