A Bakersfield real estate agent and her father have been charged in a mortgage fraud scheme, accused of getting kickbacks from $4.1 million in fraudulent mortgage loans that almost immediately went.
And investors all around the world in the last decade wanted to buy bonds backed by American mortgages. Then there were people in the country in places like Bakersfield and other towns, and what they.
BAKERSFIELD, Calif. (AP) – Three members of a family have entered guilty pleas in a mortgage fraud scheme in Bakersfield that bilked lenders out of $5.6 million. KBAK-TV reported Monday.
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But in the end, a clearly conflicted bakersfield city Council voted to. And whether the "super-lien" aspect of these loans giving them primacy, even over the payment of one’s mortgage, was the.
Stovall admitted that he caused lenders to be defrauded of approximately $2,479,290. This case is the product of an extensive investigation by the FBI’s Bakersfield Resident Agency, Sacramento.
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Mortgage Connection, a Bakersfield mortgage lender, strives to ensure all clients are confident and comfortable with the financing strategies available. They have an on-staff underwriter to expedite the loan approval process and are proud that nearly all of their business is the result of.
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An index measuring applications for U.S. mortgages rose last week to the highest level in. local mortgage brokers have noticed a spike in Bakersfield’s market. "The pipeline of applications in our.
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