Jonathan Yasko pleaded guilty to diverting monies in real estate transactions to cover unrelated closings, and to pay for his own cars and personal travel.

It is only in the past 10 years or so that banks and mortgage lenders have faced heightened risk from wire fraud losses. In this time period, lenders have been forced to uncover and defend the ...

Add Yahoo as a preferred source to see more of our stories on Google. Person signing a mortgage agreement - Doidam 10/Shutterstock If you're in the market for a new home and looking to sign a mortgage ...

Fannie Mae claims that it is seeing fewer cases of multifamily mortgage fraud following a years-long effort to crackdown.

A manager of numerous sober homes in Massachusetts has been sentenced to federal prison for fraud schemes involving sober ...

Mortgage brokers are starting to feel the "big squeeze" not just on the revenue side of the mortgage industry, but also from cost-cutting pressures coming at them from lenders. Lenders are driven to ...

Mortgage fraud is increasing, according to property market analytics company Cotality. Mortgage fraud can impact homeowners’ and real estate professionals’ finances, futures and property. Learning ...

In August, Bill Pulte, director of the Federal Housing Finance Agency, accused Cook of committing mortgage fraud by declaring two different homes—one in Ann Arbor, Michigan, the other in Atlanta—as ...

If you're in the market for a new home and looking to sign a mortgage, be sure you know what you're signing. Improper or inaccurate statements on your mortgage agreement can come back to bite you and ...