Long Island mortgage executives charged with warehouse line fraud

Three senior executives at Vanguard Funding LLC, a Long Island-based mortgage lender, were arrested on conspiracy to commit bank fraud and wire fraud Tuesday. All three defendants obtained over $8.9 million in warehouse loans for Vanguard. Forty-two-year-old Matthew T. Voss. Continue reading

Pace of new-home sales suggests steady housing strength Realogy acquires title agency in push for more CRE business We think about it every day and are always innovating to enable the latest electronic devices. It’s why nearly every advanced chip made today is built with Lam Research technology.What I Am Reading – 2019 on Yardeni Research. March 16 (saturday) markets dow rises more than 100 points, S&P 500 posts best weekly gain since November (C) weak economic data spurs U.S. Government Bond Rally (W) $10 billion corporate debt sale.

 · The year before Daniel Preston of Luminati Aerospace brought Triple Five Group to Riverhead as a partner in a massive land deal with the town, one of Triple Five’s top executives was found by a New Jersey court to have “intentionally defrauded” a party to a real estate transaction – to the tune of $1.3 million.

Ripoff Report on: Vanguard Funding – Vanguard funding closed top executives at long island mortgage lender arrested for engaging in million fraud

Freddie teams with Kentucky lenders to finance manufactured homes MCLEAN, VA–(Marketwired – Apr 10, 2017) – freddie mac (otcqb: fmcc) is working to increase the number of "mortgage-ready" manufactured home buyers in Kentucky by implementing an online education.

Judge Jessica Arong O’Brien, 49, was charged with. refinanced the mortgage on that property and a second investment property in the 800 block of West 54th Street. O’Brien then obtained a commercial.

Fannie-Freddie fix is the focus of senators’ bipartisan push That decision paid off for Alexander in 2015, when he collaborated with Democratic Senator Patty Murray of Washington state to rewrite the George W. Bush-era No Child Left Behind education law, one of.

Danziger has been Chief Executive Officer of The Trump Hotel Collection since. Real Estate Weekly on reducing financial risks in an economic downturn, advised Long Island Business News readers on.

2 Long Island Mortgage Co. Execs Cop To $9M Fraud – Law360 – Two mortgage executives accused of lying to banks in order to obtain nearly $9 million in short-term loans for Long Island mortgage lender Vanguard Funding LLC admitted in New York federal court.

PrimeLending adds joint venture with Dallas homebuilder At PrimeLending, we want to work together with you to help turn your vision of success into a reality. Not only are we a nationally recognized mortgage company, we have also developed a joint venture model reinforced by a strong, strategic foundation, clear objectives and a seamless integration process.

A complaint was unsealed today in federal court in Central Islip, New York, charging Edward E. Bohm, Edward J. Sypher, Jr., and Matthew T. Voss, senior executives at Long Island mortgage lender Vanguard Funding, LLC (Vanguard), with conspiracy to commit wire and bank fraud in connection with their obtaining more than $8.9 million of warehouse loans for Vanguard to fund mortgages.

Long Island mortgage banker gets 12+ years for $100 million. – Investments Lending Long Island mortgage banker gets 12+ years for $100 million mortgage fraud scheme financial institutions lost $30 million in scheme

charging Edward E. Bohm, Edward J. Sypher, Jr., and Matthew T. Voss, senior executives at Long Island mortgage lender Vanguard Funding, LLC (Vanguard), with conspiracy to commit wire and bank fraud in connection with their obtaining more than $8.9 million of warehouse loans for Vanguard to fund mortgages.

Warehouse lending is a line of credit given to a loan originator. The funds are used to pay for a mortgage that a borrower uses to purchase property. The life of the loan generally extends from.