President Donald Trump has accused Sen. Adam Schiff (D-CA) of mortgage fraud when Schiff was a member of the House of Representatives. In a posting on Truth Social, Trump stated Schiff listed a property in Maryland as his primary residence so he could achieve more...
A federal appeals court overturned the mortgage fraud conviction of former Baltimore State’s Attorney Marilyn Mosby but upheld two perjury convictions relating to her case. The Philadelphia Tribune reports the 4th US Circuit Court of Appeals issued a 2-1...
Real estate investor Boruch “Barry” Drillman was sentenced to five years of probation for his role in a $165 million fraud scheme involving multifamily and commercial mortgage loans between 2018 and 2020. Drillman managed BRC Williamsburg Holdings LLC,...
Florida’s governor says no to public financing of a stadium, Iowa’s governor says yes to bringing down property taxes, and Kamala Harris says something (we’re not sure what) at an Australian real estate conference. From the wild and wooly world of real estate, here...
A mortgage fraud probe of Letitia James, a serious HR problem at the GSEs and the surprising site for Disney’s next theme park. From the wild and wooly world of real estate, here are our Hits and Misses for the week of May 5-9. Hit: Karma Get It. When New York...