Laws

Attorney General Corbett announces lawsuits against Florida timeshare & vacation companies accused of advertising, real estate, and telemarketing violations

HARRISBURG, PA - October 14, 2008 - (RealEstateRama) — Attorney General Tom Corbett today announced lawsuits today against four Florida-based companies accused of illegally marketing vacation packages, using “free” airline ticket offers and other worthless prizes to lure consumers into aggressive and deceptive timeshare presentations.Corbett said consumer protection lawsuits were filed against Bluegreen Corporation, Bluegreen […]

Florida company accused of charging homeowners for empty promises

SPOKANE, WA - October 16, 2008 - (RealEstateRama) — They call themselves “United Home Savers” and pledge to help homeowners facing foreclosure. But the Attorney General’s Office says a Florida-based business and its owners actually preyed on Washington residents.“United Home Savers is a misnomer,” Attorney General Rob McKenna said. “The company promised to rescue homeowners […]

NAR Urges Passage of 4-Point Housing Stimulus Plan and Return of Congress for Lame-Duck Session

WASHINGTON, D.C. - October 16, 2008 - (RealEstateRama) — The National Association of Realtors® will offer a four-point legislative plan to reinvigorate the housing market, calling on Congress to act during a lame-duck session. NAR believes the plan will give a boost to the economy and help to calm jittery potential homebuyers.

THREE PLEAD GUILTY IN MULTIMILLION DOLLAR MORTGAGE FRAUD SCHEME

New York, NY - October 11, 2008 - (RealEstateRama) — MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, announced that GARRI ZHIGUN and his mother GALINA ZHIGUN, operators of mortgage brokerage firm AGA Capital NY, Inc. (”AGA Capital”), and MARYANN FURMAN, an employee of AGA Capital, pleaded guilty today […]

Realtors Rally in Orlando

WASHINGTON, October 07, 2008 - (RealEstateRama) —
WHAT: 2008 REALTORS Conference & Expo
WHEN: November 7-10, 2008
WHERE: Orlando, Fla.

LEADER OF FORECLOSURE RESCUE SCHEME SENTENCED TO 10 YEARS IN PRISON

New York, NY - October 6, 2008 - (RealEstateRama) — MICHAEL J. GARCIA, the United States Attorney for the Southern District of New York, announced that MAURICE McDOWALL was sentenced yesterday by United States District Judge ROBERT P. PATTERSON to ten years in prison for his participation in a wide-ranging home foreclosure rescue scheme, which […]

Real Estate Loan Officer Pleads Guilty to Mortgage Fraud Scheme

Portland , Ore. - October 2, 2008 - (RealEstateRama) — Marty Ray Folwick, 50, pled guilty today before United States District Court Judge Garr M. King to four counts of a 15-count federal indictment which was returned by a grand jury on June 12, 2008 . The guilty plea was entered as part of a […]

Attorney General Seeks Court Order to Stop Lake County Woman from Selling Real Estate without a License

Attorney General Steve Carter files lawsuit against Denise B. Murphy
NORTHWEST, IN - September 22, 2008 - (RealEstateRama) — Pursuant to the Deceptive Consumer Sales Act, Indiana Attorney General Steve Carter has filed a lawsuit against a Merrillville resident for the unlicensed practice of real estate. Carter alleges that Denise B. Murphy received more than $3,000 […]

Three Members of Jersey City Family Sentenced for Their Roles in a $573,000 Bogus Homestead Rebate Applications Scam

TRENTON, NJ - September 16, 2008 - (RealEstateRama) — Attorney General Anne Milgram announced that three Jersey City siblings have been sentenced for aiding their father and his business partner in stealing $573,383 from the state by filing fraudulent applications for 745 Homestead Rebate checks.

Attorney General Corbett announces $2.3 million consumer protection judgment in Pittsburgh area real estate and mortgage fraud case

HARRISBURG, PA - September 11, 2008 - (RealEstateRama) — Attorney General Tom Corbett today announced a court-ordered judgment totaling more than $2.3 million in a consumer protection lawsuit that was filed against a Pittsburgh area man accused of orchestrating a multi-million dollar mortgage and real estate scheme in Allegheny, Beaver and Butler counties.