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  2. 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 ...

  3. Matthew Cox - Wikipedia

    en.wikipedia.org/wiki/Matthew_Cox

    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 Cox, also a true crime author, wrote an unpublished manuscript entitled The Associates in which the main character traveled the country to perpetrate a mortgage fraud scheme similar to the one Cox ran.

  4. Foreclosure rescue scheme - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_rescue_scheme

    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.

  5. A breakthrough in alleged real estate fraud case against the ...

    www.aol.com/breakthrough-alleged-real-estate...

    The Coyne family stands at the entrance to the home they signed a contract for in 2021, putting down a $487,5000 deposit on the Coconut Grove property.

  6. Live Well Financial - Wikipedia

    en.wikipedia.org/wiki/Live_Well_Financial

    Live Well Financial, Inc. ("LWF") was an American privately owned mortgage originator, servicer and investor that operated between 2005 and 2019 when it was put into involuntary bankruptcy. Prior to its demise, it was licensed in the United States to operate in 46 states. [ 1 ]

  7. Trump’s New York fraud trial grows testy on day three: recap

    www.aol.com/trump-york-fraud-trial-enters...

    Former President Trump’s fraud trial ended its third day on Wednesday, which was mostly spent cross-examining the government’s first witness, an accountant who oversaw business dealings ...

  8. William K. Black - Wikipedia

    en.wikipedia.org/wiki/William_K._Black

    Liar's loans are 'criminogenic' (they create epidemics of mortgage fraud) because they create strong incentives to provide false information on loan applications." [10] [8]: 122–148 On the same page in his prepared testimony Black referenced an article from the Denver Post dated September 16, 2008, the day after Lehman filed for bankruptcy ...

  9. Is the housing market going to crash? What the experts ... - AOL

    www.aol.com/finance/housing-market-going-crash...

    In another reflection of ongoing increases, the S&P CoreLogic Case-Shiller home price index for June was up 5.4 percent from a year earlier, its fourth consecutive all-time high.. Supply and ...