Prosecutors aim to seize Marilyn Mosby's Florida property as she's sentenced for mortgage fraud
Federal prosecutors have asked to seize former Baltimore State's Attorney Marilyn Mosby's Florida condo, according to new court filings. Prosecutors argue that because the Florida condo was purchased using the fraudulent mortgage loan Mosby acquired, the condo is eligible for forfeiture.
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Houston Grapples with Rising Real Estate and Identity Fraud, Woman Charged in Multi-State Theft Scheme
The growing trend of real estate fraud has led to a legislative response, with Texas lawmakers beefing up state law just last year. According to FOX26 Houston, the enhanced law now allows county clerks to demand photographic ID during the transferring of property titles, an attempt to curb the tide of deceit that has left too many with property literally stolen out from under them.
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Title insurance executives are confident the Biden proposals won't come to much
Title executives do not believe any of the federal government's proposed title policy will have a material impact on their firms. Rising mortgage rates and a slower housing market than anticipated contributed to the weaker financial performance of the title segments of some of the nation's largest title firms during the first quarter of 2024. Last week, big four members First American, Old Republic and Stewart all announced their earnings.
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Real Estate Tsunami: Seizing Opportunities Post-NAR Settlement
Overall, AI and blockchain technology has the potential to revolutionize the transaction process, making it faster, more secure and less costly. From automating paperwork to ensuring the integrity of transaction records, technology could strip out inefficiencies and reduce the need for intermediaries.
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Syracuse (UT) title insurance agent charged with stealing millions in 'wide-ranging scheme'
On numerous occasions, investigators say Goodrich tried to cover up his alleged theft by forging wire receipts to show clients he had sent money, when he did not. Goodrich forged fake home deeds in order to take out loans of several hundred thousand dollars for personal use, charging documents say; investigators allege he kept buyers' earnest money, and closed on purchases without sending funds to the seller.
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