Foreclosure rates in the greater Miami area remain astonishingly high, but they’re headed in the right direction. In March, 13....
A debate is stirring in Michigan over legislation that aims to shorten the redemption period for homeowners in foreclosure, The...
Alejandro Curbelo, a Florida loan officer, recently pleaded guilty to one count of conspiracy to commit wire fraud in a mortgage fraud scheme that ended in more than $6.5 million in losses.
Working for Great Country Mortgage Bankers, Curbelo admitted to conspiring with others to submit false Federal Housing Administration mortgage applications for unqualified borrowers, offering them cash-back incentives to purchase condominium units in two South Florida complexes.
Curbelo will face a sentence of up to 20 years in prison on June 25.
— Paul Dang
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