A California man that operated as a high-level sales executive for a fraudulent residential mortgage-loan modification scheme will now spend several years in jail.
From 2009 to 2016, Mehdi Moarefian (aka Michael Miller)...more
9/16/2016
/ Banking Sector ,
Borrowers ,
Convictions ,
Criminal Prosecution ,
Foreclosure ,
HAMP ,
Loan Modifications ,
Mortgage Lenders ,
Mortgage Servicers ,
Mortgages ,
Residential Real Estate Market ,
Restitution
The Indiana Court of Appeals recently held that creditors must move for an in personam remedy in the original foreclosure judgment or forfeit their right to collect deficiency funds. In Elliott v. Dyck O’Neal, the bank...more