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Real Estate & Property Law

: The Home Equity Theft Reporter

Ex-Mortgage Broker Gets 9+ Years In Subprime, Straw Buyer Mortgage & Foreclosure Rescue Scams Involving $200M+ In Fraudulently Obtained Loans

By r morris

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In New York City, The Wall Street Journal reports:A one-time mortgage broker was sentenced to more than nine years in prison Thursday after pleading guilty last year in a home-foreclosure rescue scheme and in a separate scheme to defraud subprime lenders. Aleksander Lipkin was sentenced to 110 months in prison, to be followed by five years supervised release at a hearing [...] in Manhattan. He

Full post as published by The Home Equity Theft Reporter on June 05, 2009 (boomark / email).

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