Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million

Mortgage Company President Sentenced for Defrauding Ginnie Mae BOSTON – The president and founder of a Falmouth mortgage company was sentenced yesterday in federal court in Boston in connection with defrauding the government national mortgage association (ginnie mae) out of approximately .5 million.

SEC: Fast-Tracking Loan Mods Won’t Jeopardize Trust Status But the study is only looking at a slice of the market – one can’t assume loan mods are dropping across the entire industry. The Office of the Comptroller of the Currency, which tracks more home loans including prime, said in the first quarter loan mods increased 55% vs. the final three months of 2008.

From the Reuters report: The county said this alleged misconduct boosted foreclosures, eroded property taxes, necessitated higher spending to combat blight, and caused at least $300 million of damages.

Falmouth mortgage company founder charged with fraud, conspiracy.. charged with defrauding the federal government out of nearly $3 million, 2013, banning it from doing business with Massachusetts customers.. to Ginnie Mae about the status of loans his company was servicing, the statement says.

Jobless claims fall but spike in energy sector claims signals problems Vermont, Pennsylvania and Wisconsin each set new all-time lows for unemployment in April. The drug scandals follow years of problems in China’s food business, which has been plagued with claims of.

Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of .5 million The founder and president of a defunct Massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of approximately $2.5 million.

According to CAR’s report, more homes being sold at the high end of the market (over $1 million) and slightly fewer sales at the lower end (under $300,000) contributed to the year-over-year gain in.

Do Millennials want to live in dorms? Really? Dorms for Grownups: A Solution for Lonely Millennials? In a new model of living, residents will have their own "microunits" built around a shared living space for cooking, eating and hanging.

Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million Posted by: Linked To Author in News 10 days ago 0 3 Views The founder and president of a defunct Massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of approximately $ 2.5 million.

Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million – The founder and president of a defunct massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of approximately $2.5 million. Robert Pena.

First American buys Interthinx Alumni US | California State University-Northridge – California State University’s Northridge campus is a diverse and vibrant community of around 35,000 students. CSU employs more than 4,000 faculty members who work on the 356-acre campus.

Mortgage Company President Pleads Guilty to Defrauding Ginnie Mae Rachel Dollar – October 16, 2017 – Leave a comment Robert Pena , 68, Falmouth, Massachusetts, pled guilty in federal court in Boston in connection with defrauding the Government National Mortgage Association (Ginnie Mae) out of approximately $2.5 million.

RS Edge - Ginnie Mae FHA vs VA Analysis According to Black Knight’s “First Look” at April’s mortgage performance data, there were 58,700 foreclosure starts in April 2016, which is the lowest number of foreclosure starts since April 2006..

The storm clouds hanging over Home Loan Servicing Solutions (HLSS) just got a whole lot darker. Late Friday, Nasdaq notified HLSS that the company is no longer in compliance with the stock exchange’s.