by Brayton Purcell LLP | Jun 25, 2009 | Mortgage Fraud
Bank of America Offers to Modify 100K Countrywide Mortgages June 25, 2009 — Bank of America Corp. has offered to modify over 100,000 Countrywide sourced home loans over a four-month period. This is double the amount required under the settlement between...
by Brayton Purcell LLP | Jul 21, 2008 | Mortgage Fraud
Foreclosure Rescue Scams July 21, 2008 — Foreclosure rescue scams are a form of predatory lending that became increasingly common during the mortgage bubble. Persons describing themselves as “lenders” took advantage of fraud and corruption in the...
by Brayton Purcell LLP | Apr 4, 2008 | Mortgage Fraud
California Mortgage Fraud Ring Arrested for Predatory Lending Practices SAN BERNARDINO, CA — April 4, 2008 — Prosecutors cracked down on a California mortgage fraud ring on March 18. The fraud ring, allegedly led by 25-year old real estate agent Eric Pony,...