Most Recent Articles For: Credit

Written by Administrator on February 6th, 2012
Lexology reports:A debtor’s assault on the quality of documentation used by a debt collector to obtain a state court judgment against him in a credit card collection action was held by a Tennessee federal court to be sufficient to state a claim that the debt collector, by filing the state ...
Written by Administrator on February 3rd, 2012
Kareem Serageldin, David Higgs, and Salmaan Siddiqui, respectively, Credit Suisse Directors, have been charged with fraudulently inflating the prices of asset-backed bonds which comprised subprime residential mortgage backed securities (“RMBS”) and commercial mortgage backed securities (“CMBS”) in Credit Suisse’s trading book in late 2007 and early 2008.  Mortgage Fraud Blog - Perp Walk
Written by Administrator on January 24th, 2012
In Dearborn Heights, Michigan, WXYZ-TV Channel 7 reports:The complaints keep coming about Leonard Bale. 7 Action News Investigator Bill Proctor broke the story about the man who has been selling foreclosed homes to families who say they have lost their lifesavings on these deals. Now one city is taking on ...
Written by Administrator on December 14th, 2011
In Albany, New York, the Times Herald Record reports:An anti-government bully was sentenced Monday to five years in federal prison for using fake bills, bogus property liens and bizarre court filings to attack Ulster County bankers and government officials.Richard Ulloa, 52, was sentenced on seven counts of mail fraud for ...
Written by Administrator on November 20th, 2011
In St. Petersburg, Florida, ABC Action News reports:A Tampa Bay teacher is filing a lawsuit against the Suncoast Schools Federal Credit after they repossessed her car, despite her loan payments being up to date. In a statement released Friday, Attorney Charles Gallagher explains that the bank repossessed Angela DiNapoli’s car ...
Written by Administrator on November 14th, 2011
Glenn Watkins, 31; Kevin Watkins, 26; and Frederick Davis, 41, all of Elk Grove, California, pleaded guilty to mail fraud for a mortgage fraud scheme involving the falsification of identities to obtain new credit. Mortgage Fraud Blog - Perp Walk
Written by Administrator on November 7th, 2011
In Vernal, Utah, KUTV-TV Channel 2 reports:In August, 2010, Shantell Curtis sold her Vernal, Utah house. But months later, when Shantell sat down to do her taxes, her accountant noticed a problem. She still owns that Vernal house. And worse, Shantell's credit score says she is now months behind on ...