Legal News

FREE PREVIEW

LOGIN OR SUBSCRIBE NOW TO READ THIS ARTICLE

Appraiser indicted in alleged $750,000 mortgage fraud scheme

Wednesday, May 30, 2012

A Chicago-area real estate investor, the president of a Colorado real estate financing company and a licensed appraiser were indicted for allegedly participating in a scheme to fraudulently obtain mortgage loans totaling more than $750,000 by selling three residential properties in Chicago to nominee buyers.

TO READ THE FULL STORY

Already a subscriber?

User Name:

Password:

Keep Me Logged in.

Forgot your password?

Problems logging in?
Please call 330-659-6101 x 805 or email us for assistance.

Today's other top stories

Former CFPB senior counsel talks legal nuances of mortgage fraud

Researcher details how courts consider appraisal bias cases

Judge allows Rocket Mortgage appraisal bias suit to move forward

Best defense for appraisers in court is a ‘robust, contemporaneous’ workfile, attorney says

Spencer Fane welcomes former HUD executive

Print Edition - December 8, 2025

News by Topic

In-depth Reports

Events

Expanding Your Appraisal Business

2025 State of the Industry

2025 Voice of the Appraiser

2024 Appraisal Technology

Marketing Your Business

The Legal Description

An October Research, LLC publication

3046 Brecksville Road, Suite D, Richfield, OH 44286

www.valuationreview.com | Privacy Policy

VISIT OUR OTHER WEBSITES

> Dodd Frank Update

> RESPA News

> The Title Report

> The Legal Description

> NS3 The Summit

> Women's Leadership Summit

> October Research, LLC

> The October Store

Featuring:

Delivery 2X a week plus breaking news as it happens
Comprehensive Dodd-Frank coverage
The latest information from the CFPB
Full coverage of Congressional hearings
Updates on all agency actions
Analysis of controversial provisions
Release of newest studies and reports

Sign up today and...

Be one of the first to know where NS3 is being held
Learn about NS3 speakers and sessions
Save on registration with Super-Early Bird rates
Discover the networking opportunities NS3 offers
Find out if CE credits will be offered for your area
And much more

Featuring:

Delivery 2X a week plus breaking news as it happens
Legal, regulatory and legislative information impacting the settlement services industry
News from HUD, Congress, state legislatures and other regulatory agencies
Follow the lobbying efforts of all the major national real estate services organizations.