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Utah Lawmaker Resigns After Mortgage Fraud Charge Over Alleged False Income Documents

Utah Lawmaker Resigns After Mortgage Fraud Charge Over Alleged False Income Documents

by John G. Stevens | Sep 28, 2026 | Mortgage Information

Utah state Rep. Trevor Lee resigned from the Legislature Monday after prosecutors charged him with mortgage fraud and alleged that false employment and income documents were used to obtain financing for his newly built home. The criminal case, filed by the Utah...
California Man Gets Nearly Eight Years in $10 Million Real Estate Fraud Scheme

California Man Gets Nearly Eight Years in $10 Million Real Estate Fraud Scheme

by John G. Stevens | Sep 28, 2026 | News, Real Estate News

A federal judge has sentenced Gilberto Barron to seven years and 10 months in prison for participating in a sprawling California real estate fraud scheme that prosecutors said generated more than $10 million in illicit proceeds. The U.S. Attorney’s Office for...
Aven, Forest River Bring HELOC Financing Into RV Dealerships

Aven, Forest River Bring HELOC Financing Into RV Dealerships

by John G. Stevens | Sep 28, 2026 | Mortgage Information, News

Homeowners shopping for a recreational vehicle can now tap home equity through a financing product offered directly through Forest River’s dealer network. Fintech lender Aven and Forest River announced Monday the Forest River Homeline Card, a co-branded home...
Gold Star Mortgage Faces Federal Lawsuit Over Alleged Data Breach

Gold Star Mortgage Faces Federal Lawsuit Over Alleged Data Breach

by John G. Stevens | Sep 28, 2026 | Mortgage Information, News

Gold Star Mortgage Financial Group is facing a proposed class action in federal court over an alleged cybersecurity incident, adding the Michigan lender to a growing list of mortgage companies confronting litigation over the protection of borrower and consumer data....
Fannie Mae Launches Tender Offer for Eight Classes of CAS Notes

Fannie Mae Launches Tender Offer for Eight Classes of CAS Notes

by John G. Stevens | Sep 28, 2026 | Mortgage Information, News

Fannie Mae has opened fixed-price cash tender offers for eight classes of Connecticut Avenue Securities notes, continuing its active management of credit-risk-transfer securities tied to the company’s single-family mortgage book.The government-sponsored enterprise...
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