Hector Ricardo Esquivel, age 32 from San Jose was sentenced  on March 30th to one year in jail after being convicted of six felony counts of grand theft for defrauding homeowners in a mortgage loan modification scam. Mr. Esquivel pleaded guilty on February 11th of this year. He was arrested back in...

A grand jury in Santa Clara County has indicted three individuals with foreclosure fraud. The case involves homeowners across California and six other states and homeowner of mostly Latino descent. The indictment against Rene Alvarez, age 39, Mariano Ortega, age 34 and Cydney Sanchez, age 60 alleges...

Lillian W. Tressler and Joey C. Hedden have been charged with defrauding the National Bank of South Carolina. Then National Bank South Carolina was founded in Sumter, South Carolina. The indictment charges that Ms. Tressler, age 56 from Westminster, South Carolina recommended to Mr. Hedden, age 55, from...

Quality Loan Service Corporation of Washington was ordered to pay the estate of Mrs. Dorothy Halstien two hundred thirty thousand dollars for selling the now deceased woman’s Whidbey home at auction after she fell behind in payments. Legal Professionals believe this is the first case to reach a jury...

Stephen Petrovich, Chief of Police, Rob Petrovich son and Steven Reese, Ryan O’Brien, Tyler Forrey and Troy Bossert have all entered pleas in relation to a four million two hundred thousand dollar mortgage conspiracy. The five were accused of conspiring to obtain financial gain by submitting and obtaining...

By Kevin G. Hall | McClatchy Newspapers WASHINGTON — Ten months after the Obama administration began pressing lenders to do more to prevent foreclosures, many struggling homeowners are holding up their end of the bargain but still find themselves rejected, and some are even having their homes sold...

You can steal and burn money many different ways. Leaders of financial firms use a conservative bias with money they lend to protect society’s most precious asset: Savings accumulated through blood, sweat, tears — sacrifice. Unless you live in interesting times. What was sacred is profane. We have...

The “Magic Man” Hector L. Rivera, age 53 from Ocala, Florida was sentenced on to eight years in prison for this orchestration of mortgage fraud against the now defunct Taylor, Bean and Whitaker. Mr. Rivera was arrested back in December of 2008 on charges of racketeering, identity theft and grand...

Agustin Ramirez, age 60 and his daughter Guadalupe Ramirez, age 31 are wanted for arrest in California on a million dollar warrant. The pair is accused of conspiring to obtain over four million dollars in mortgage loans and obtaining kickbacks from those fraudulent mortgage loans. A Kern County Superior...