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Tag: mortgage fraud

barack obama on housing and short sale

Government Lawsuits Against Banks: Is it really help for homeowners?

Politics & Econ October 3, 2012October 3, 2012 John Maseredjian 0 Comments

  As we approach the deadline to file a lawsuit against the “big” banks for their alleged fraudulent behavior and activity, with regards to their involvement in the housing market crash, we are starting to see a new round of promises for retribution from government “heads” across the country; but are the promises sincere or […]

Carlsbad Real Estate “Consultant” Gets Five Years

Industry March 19, 2012April 20, 2016 JohnHart Real Estate 0 Comments

Looks like the Carlsbad based real estate consultant, John J. Borzellino will be downsizing to a new 48 square foot, government funded home: a federal prison cell. Borzellino (aka John J Ross) was sentenced to 5 years in federal pen and ordered to pay more than $4,000,000 in restitution for running a multi-million dollar mortgage […]

$60 Million Mortgage Fraud Scheme and 13 Charged

Industry August 4, 2011April 20, 2016 John Maseredjian 0 Comments

A group of 13 alleged members conspired to commit a $60 million mortgage fraud.

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