Dorie DiMarca of Andover, Massachusetts, was charged with two counts of wire fraud concerning real estate appraisal services she had performed. According to Thomas P. Colantuono, U.S. attorney for the District of New Hampshire, Ms. DiMarca was arraigned on the charges on Dec. 8, 2008, and entered pleas of not guilty to the charges. The indictment alleges that Ms. DiMarca provided appraisal services to two mortgage brokerage companies located in New Hampshire: New England Regional Mortgage and First Call Mortgage. The indictment further alleges that Ms. DiMarca represented herself as a licensed appraiser when she was not licensed and had no authority to provide real estate appraisals. The indictment lists at least 22 properties in New Hampshire and Massachusetts for which Ms. DiMarca provided a purportedly legitimate appraisal. Ms. DiMarca allegedly e-mailed the appraisals from Massachusetts to the offices in New Hampshire. She was released on bail pending her trial, which is scheduled for Jan. 21, 2009.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
July 2









