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Loan Modification

: Flipping Frenzy

Two Defendants Indicted for Price-Flipping 35 Homes in Mortgage Fraud Scheme

By Ralph Roberts

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Two Defendants Indicted for Price-Flipping 35 Homes in Mortgage Fraud Scheme A federal indictment was unsealed today against a Minnesota pair for allegedly orchestrating a mortgage fraud scheme in which they stole more than $2.5 million from lenders nationally by obtaining fraudulent loans for the purchase of 35 homes in the Twin Cities. The indictment charges [...]

Full post as published by Flipping Frenzy on December 27, 2009 (boomark / email).

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