Massive NY Mortgage Fraud Round-Up Part of Nationwide Crackdown. were among 38 people charged in a large mortgage fraud crackdown across New York.. or bond rating firm executives were charged.
State Attorney General Spitzer today announced that as part of his office’s continuing investigation into alleged mortgage fraud, a Suffolk County Grand Jury has returned an indictment charging six individuals with Grand Larceny in the First Degree and other crimes stemming from two separate real estate transactions involving a four-bedroom house located in the Town of East
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Long Island mortgage executives charged with warehouse line fraud Three executives from Vanguard Funding are facing fraud charges related to their alleged misuse of nearly $9 million in warehouse lending funds. mortgage fraud bonnie Sinnock September 18, 2017.
FOR IMMEDIATE RELEASE Tuesday, August 22, 2017 Top Executives At Long Island Mortgage Lender Arrested For Engaging In $8.9 Million Fraud Defendants Misused Money Ostensibly Obtained To Fund Mortgage Loans A complaint was unsealed today in federal court in Central Islip, New York, charging Edward E. Bohm, Edward J. Sypher, Jr., and Matthew T. Voss,
Long Island Crime LI mortgage executive pleads guilty to $8.9M fraud, federal prosecutors say. Edward E. Bohm, president of sales and an undisclosed owner of the now-defunct Garden City-based.
Investments lending long island mortgage banker gets 12+ years for 0 million mortgage fraud scheme Financial institutions lost $30 million in scheme
· Long Island Mortgage Lender Gets 24 Months In Prison For $8.9 Million Mortgage Fraud Scheme. A former Long Island Mortgage Lender going to federal prison for 24 months. He will also serve three years of supervised release. Voss is the former COO of Long Island mortgage lender Vanguard Funding, LLC.
5 reasons nonbank mortgage lenders look to break new ground Nonbanks, beneficiaries of a post-crisis capture of mortgage lending market share, have seen momentum ebb in the face of sluggish existing-home sales. With new single-family home inventory a bright spot in the consumer real estate market, lending against the construction of new homes offers one of the few ways to expand.
A complaint was unsealed today in federal court in Central Islip, New York, charging Edward E. Bohm, Edward J. Sypher, Jr., and Matthew T. Voss, senior executives at Long Island mortgage lender Vanguard Funding, LLC (Vanguard), with conspiracy to commit wire and bank fraud in connection with their obtaining more than $8.9 million of warehouse loans for Vanguard to fund mortgages.
Pace of new-home sales suggests steady housing strength Homes for sale are remaining on market longer: Zillow Trulia is an all-in-one real estate site that gives you the local scoop about homes for sale, apartments for rent, neighborhood insights, markets and trends to help you figure out exactly what, where, and when to buy, sell or rent. You can also find a real estate agent, view prices of recently sold homes, and see home values in your community.The housing market is stabilizing near 10-year highs, according to government data Wednesday that showed sales of new homes were slightly less than forecast. Single-family home sales increased 0.8% month-to-month to a 610,000 annualized pace (the estimate was 615,000).
Ripoff Report on: Vanguard Funding – Vanguard funding closed top executives at long island mortgage lender arrested for engaging in million fraud