California Real Estate Fraud Report

You have just entered the #1 private-sector resource on the Internet for real estate fraud. In doing so, you have voluntarily left the dimension of the conventional real estate world and crossed over to the Dark Side, the realm where greed, dishonesty and evil are the order of the day. Sign up for a free subscription to this comprehensive news resource and receive weekly, timely news reports about real estate fraud, mortgage fraud, short sale fraud, REO fraud, title fraud, loan fraud, appraisal fraud, affinity fraud, loan modification scams, securities fraud and elder financial fraud. *** AS OF NOVEMBER 2017, THE CALIFORNIA REAL ESTATE FRAUD REPORT IS 10 YEARS OLD! ***


AG Eric Holder considers bankers may have responsibility in mortgage crisis

Outgoing U.S. Attorney General Eric Holder – known for his opposition to prosecuting bankers for their prominent roles in the mortgage crisis – is finally giving lip service to the notion of personal responsibility. He’s given his AGs only 90 days to determine whether to charge individuals whose firms sold toxic mortgage-backed securities to investors.

Holder has been resistant to the point of indifferent to protecting consumers, who have suffered deeply from predatory banking practices. I’m not holding my breath. My bet is that as soon as he leaves office, he goes to work either for a mega-bank or a law firm that represents banks.

California has yet to indict any bankers, whether it is from the U.S. Attorneys’ offices or the office of California Attorney General Kamala Harris.

Read the full article in DSNews.

© Copyright 2007-2018 Monique Bryher

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The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California. The posts on this site are presented as general research and information and are expressly not intended, and should not be regarded, as legal advice. Much of the information on this site concerns allegations made in civil lawsuits and in criminal indictments. All persons are presumed innocent until convicted of a crime. Readers who have particular questions about real estate fraud, mortgage fraud and appraisal fraud matters or who believe they require legal counsel should seek the advice of an attorney.

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