The Home Equity Theft Reporter: Florida Closing Agent Gets 3 Years In Scam Involving $17M+ In Fraudulently Obtained Mortgages

Mortgage Bailouts: $2.1B to ‘Hardest-Hit’ New Mortgage Bailouts Cause Controversy Author: CA Hagy on May 1, 2010 As if the Obama administration does not have enough problems, the new mortgage bailouts are causing people to become even more disgruntled.

The average this week for the 15-year FRM was 3.40% with an average 0.6 point, compared with last week’s average of 3.44%. The 15-year FRM averaged 2.81% last year at this time.

As CCN reported in April 2018, Chinese police in the port city of tianjin confiscated 600 bitcoin mining computers in the largest case of power theft in recent years. The alleged theft was discovered after the local power grid operator observed an abnormal surge in electricity consumption.

 · Trial set for jan 3, 2011. But no watch that. Procedural matters man. In all likelihood there won’t be a trial. I’m willing to bet, that as we speak he is being advised to talk talk talk and talk some more until he gives the feds something that will be of value to them such that his sentence will be lightened.

The papers in Florida like to call Hauck and Cox the Bonnie and Clyde of mortgage fraud. Captured in March, Hauck has pleaded guilty to mortgage fraud conspiracy and bank fraud charges that together carry maximum penalties of 35 years in jail plus restitution of $1.25 million. Now Bonnie has turned on Clyde, trying to get her sentence reduced.

He chatted about how great it would feel to own his own home and rebuild his equity. using images obtained from fake IDs the pair had used at a bank closing, and the charlotte television news aired.

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That’s because in just the last five years, Inouye has brought home almost half a billion in federal tax dollars. The senator has mastered the recipe for pork: one part seniority, mixed with a choice assignment on a powerful spending committee. . . .

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Terms and benefits checkup: Assess your credit card’s value periodically – The Egyptian dictator, Hosni Mubarak, has resigned, finally relenting to weeks of massive protests. Is he the latest casualty of climate change? This is a provacative question, but I believe one worth.

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The home equity debt couldn’t exceed the fair market value of the home reduced by the debt used to acquire the home. For tax purposes, a qualified residence is the taxpayer’s principal residence and a second residence, which can be a house, condominium, cooperative, mobile home, house trailer or boat.