Some Met Mortgage lawsuits settled - 2007-02-02
Two former executives for Metropolitan Mortgage & Securities Co. and a businessman accused of fraud have settled lawsuits initiated by the U.S. Securities and Exchange Commission. Former Controller Robert Ness, former Vice President Thomas Masters, and businessman Dan W. Sandy, of Rochester, allegedly played separate roles in what federal investigators regarded as corrupt real estate deals that inflated Metropolitan's profitability and hid the firm's weakening financial condition.
Read the full story at Longview Daily News

Don't Fall Victim to Mortgage Fraud - 2007-02-02
As much as the Federal Bureau of Investigation (FBI) is trying to fight it, mortgage fraud is becoming a more gly popular way to make a quick and illegal buck. It can put you at risk to lose thousands of dollars if you don't know what to watch out for. There are various third parties involved in obtaining a mortgage which means there is a propensity for individuals involved in the transaction to commit conspiracy.
Read the full story at Mortgages at Quicken Loans