The owner of Tri-Emerald Financial Group claimed unregistered securities it was offering would increase in value by more than tenfold before an eventual Nasdaq listing.

More than 50 percent of transactions analyzed were risk-prone, a report published by FundingShield found.

The case brought by the Westchester, New York District Attorney alleged the perpetrators stole three properties from distressed owners and unlawfully obtained $1.5 million of fix-and-flip financing.

A second bill formally making it a felony only passed one house of the state legislature.

Carrington Mortgage Services and its vendor also face three new federal lawsuits, which claim the number of customers impacted in their incidents exceeds 3 million clients.

But the full year rate for 2022 increased as a record high for adverse findings was set in the third quarter, Aces Quality Management said.

The second-highest number of instances were recorded by the Federal Bureau of Investigation last year, but it is likely not every crime gets reported.

Cases increased at an average of 14.5% from 2021 to 2022, a LexisNexis survey found.

The hackers, on their dark web blog, recently threatened to release supposed company and borrower information if the lender did not pay.

Grand View Financial promised vulnerable homeowners debt payoff assistance, but its clients all ended up losing their properties.

The incident affecting the information of 1,361 customers is a rare disclosure of a data breach from a top mortgage lender and servicer.

The servicer didn't disclose how many customers were affected by the incident.

A pair of bills make it clear that stealing a homeowner's title is a crime, subject to a maximum prison term of 25 years.

Victimized consumers made up nearly three-quarters of the requests for help received by CertifID last year.

The plaintiffs allege that the banks did not catch obvious red flags or implement proper safeguards such as requiring two employees to approve each transaction.

The charge carries a total of 30 counts, including two Class C felonies and a maximum sentence under the top charge of 15 years in prison.

HomeTrust Mortgage disclosed customers' names, addresses and Social Security numbers may have been compromised in the incident.

Problems with the closing protection letter are the predominant cause of those errors, a FundingShield report determined.

One man had paid bribes and kickbacks for improper sales of foreclosure properties, and another had engaged in ownership and wire fraud in a loan relief scheme, the courts determined.