0 minute readDarin Lee McAllister, 44, of Brentwood, faces a total of 19 counts, including wire fraud and bank fraud, according to a news release from the US Attorney’s office in East Tennessee. The news release said McAllister will be allowed to turn himself in to federal authorities. He is accused of creating a wire fraud scheme to rip off a mortgage company. By lying about his profession and income, his federal indictment said, McAllister was able to get financing to buy rental properties worth $1.25m in 2006.
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
Most Popular Articles
Michigan’s Whitmer steps up, signs single-stair reform into law
Gov. Gretchen Whitmer took a big step toward clearing the path for developers to build smaller apartment buildings more affordably. Whitmer signed Michigan’s single-stair legislation into law this week, a green light for developers to build multifamily housing up to six stories more economically, with a single interior exit stairway. Michigan housing advocates say the […]
Jul 22, 2026
-
New York outflows reshape housing demand in Texas and Florida
Jul 24, 2026 -
Home sales are positive but higher rates slowing demand
Jul 25, 2026 -
Don’t fall for a fake foreclosure crisis
Jul 24, 2026 -
Why homebuilders aren’t building more homes
Jul 24, 2026 -
Mortgage servicers face higher costs from transfers and regulation
Jul 27, 2026
Latest Articles
Sekisui House U.S. CEO David Viger on bringing Japan-inspired resiliency to U.S. homes
Sekisui House U.S. has eight SHAWOOD communities live and an ongoing pipeline, part of the company’s commitment to resiliency and durability.
-
Closinglock launches payment tools to secure homebuyer funds
-
DFW’s next suburban growth wave is forming west of Fort Worth
-
America’s accidental landlords: The hidden consequence of the mortgage lock-in effect
-
Gaining that local edge to outperform competition amid market consolidation
-
New York City posts notice of new tax levy to pied-a-terre owners
Diana Golobay was a reporter with HousingWire through mid-2010, providing wide-ranging coverage of the U.S. financial crisis. She has since moved onto other roles as a writer and editor.see full bio
