When auto loans suffer losses they are “dramatically higher” than losses in other types of consumer credit products, according to a recent analysis by the credit bureau TransUnion. The average auto ...
CAMDEN, NJ — A Toms River man has admitted to taking part in a multimillion-dollar mortgage fraud scheme and fraudulently obtaining more than $1.8 million in small business loans offered during the ...
A northern Missouri pastor has been convicted of 20 charges stemming from a $1.8 million fraud scheme involving pandemic ...
For Americans dreaming of owning a home, this decade has been brutal. From the end of 2019 to the end of 2022, the median sales price for homes sold in the U.S. soared 35%, according to the Federal ...
Long before it got involved with the dealmakers in mortgage fraud and had to write down tens of millions of dollars, Merchants Bank was a regional bank with a green frog logo, a five-story ...
A former Monee village clerk and her husband pleaded guilty Monday to loan fraud, a year after they were arrested on charges of defrauding the government through a COVID-19 relief program. The felony ...
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Mortgage fraud occurs when someone omits or falsifies information in connection with the homebuying process. This can be due to predatory lenders trying to defraud borrowers or to borrowers falsifying ...
Real estate investors need to watch out for fraud and scams -- but which types are most common? Which are on the rise? We dug ...
Western Alliance is one of the regional banks facing concerns over loans made to non-bank financial players. The bank's CEO said he believes the alleged loan fraud that sparked a selloff last week is ...
A Virginia used car dealer has been sentenced to six years in federal prison after investigators determined he orchestrated a large-scale auto loan fraud scheme that targeted financial institutions ...