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Matthew Bevan "Matt" Cox (born July 2, 1969) is an American former mortgage broker and admitted mortgage fraudster and con man. Cox, also a true crime author, wrote an unpublished manuscript entitled The Associates in which the main character traveled the country to perpetrate a mortgage fraud scheme similar to the one Cox ran.
The fraud scheme was allegedly performed while Gallo and Elmas worked for NJ Lenders Corp., a New Jersey mortgage loans company. “NJ Lenders is proud of its 33 years of successfully assisting ...
Live Well Financial, Inc. was founded in April 2005 by Michael C. Hild, chairman and chief executive officer. [5] [6] In August 2005, the company received approval as a HUD Approved Mortgagee.
Equity stripping or equity skimming is a variation on lease-buyback and is one of the most common types of foreclosure rescue schemes. [4] In it, the perpetrator assumes ownership of the house while allowing the former owner to continue living there, provided that s/he pay rent to the perpetrator, who is the new owner.
Was the financial crisis caused by "systemic failure" or mortgage fraud? Or a combination of the two? And why are so many American homeowners still paying the price? When Travis Paules worked as a ...
‘It's just a nightmare’: More and more USAA members who lost thousands of dollars are sharing their stories of fraud — say they’ve now lost trust in the bank Serah Louis June 14, 2024 at 6 ...
Michael R. Mastro (born June 1, 1925) [1] is an American real estate developer, who was in business for forty years managing apartments and mid-size office parks in Seattle. [2] He declared bankruptcy in 2009.
Mortgage rates are finally ticking downward, but at the same time, home prices are reaching historic highs. Economists predict that any market correction will be modest and not on the scale of the ...