October 18, 2008 |
The state Attorney General's Office has charged seven South Jersey residents with collecting unemployment benefits while they had jobs. They were among 14 people statewide who were indicted on charges of stealing a combined $253,331 from the state's unemployment insurance trust fund between 2001 and 2005. Those indicted on third-degree charges of theft by deception: Michelle Washington of Sicklerville, who the state alleges collected about $15,000 while she was working as the manager of a nursing home in West Windsor, N.J. Washington, 43, is now the manager of the Branch Village section of Camden's housing authority.
November 6, 1992 |
Home-mortgage refinancers, equity-line borrowers and home buyers and sellers will get important new consumer protections when they apply for a loan beginning next month. The fiscal 1993 federal housing bill, signed into law late last month by President Bush, closes two legal loopholes that have denied some consumers accurate disclosures about mortgage terms. Under the law, a huge segment of the home-finance market - refinancings, home equity loans and lines of credit - will for the first time be subject to federal disclosure and anti-kickback rules.
July 18, 2010 |
An acquaintance told me that he was taking an offer to modify his mortgage, and that changing his loan from a 30-year to a 15-year fixed rate would cost him just $800. I make it a habit not to pry into the financial affairs of friends, but I was astounded by this one's use of the word modify , since it's become synonymous with desperate borrowers. Permanently modifying a loan can forestall foreclosure, which is a good thing. But the downside is it affects your credit detrimentally.
August 1, 2015 |
The mortgage fraud trial of a former Eagles player and his 74-year-old mother took an unexpected turn in a Mount Holly courtroom Thursday when the key prosecution witness admitted during cross-examination that he told a prosecutor that he did not believe the woman was aware she was participating in an illegal scheme. William Barksdale, a mortgage broker already serving a sentence for conspiracy to commit wire fraud, was testifying at the trial of Irving Fryar and Allene McGhee. The state Attorney General's Office contends they were coconspirators with Barksdale in defrauded seven lending institutions in South Jersey and Philadelphia of more than $1.2 million in 2009.
July 3, 2005 |
It's a mystery worthy of Hollywood: In February, $4 million suddenly appeared in the checking account of a suspended Philadelphia lawyer. Who wired it? And why? Is it, as Homeland Security officials in Dallas allege, an effort to launder money? Could it be, as a federal prosecutor in Philadelphia suspects, part of some complex international criminal fraud? Or is it, as the lawyer insists, all quite innocent - simply a surprise investment from an old client who wants to help him make major motion pictures?
April 20, 2010 |
In the beginning, the six-story, 10-unit condo project at 257-59 N. Second St. was to be called Blu, for the color of its exterior panels. Architect Jay Tackett was hired by 257-59 Development L.L.C., and "they even built a scale model of it and had pictures of what the units would look like," said Realtor/mortgage broker Fred Glick, the original listing agent. But completing the project was a hurdle the developer - hamstrung, observers say, by a general contractor who went out of business midstream - couldn't clear.
May 28, 2011
Biker killed in Center City An unidentified motorcyclist was killed last night when he lost control of his bike in Center City and struck a pole, police said. The accident occurred about 8 p.m. on 23rd Street near Walnut, police said. The victim was taken to Hahnemann University Hospital and pronounced dead about 8:30 p.m. Police said the man was likely in his mid-30s and was not wearing a helmet. 30 years for armored-car job A Philadelphia man was sentenced yesterday to 30 years in federal prison for the armed robbery of an armored car in September 2009.
October 14, 1988 |
We plan to sell our home next month, and we must get top dollar for it. What suggestions do you have to make our home sell for the highest price, as we can't afford to remodel it before selling? The cheapest and most profitable home improvement is fresh paint. Paint your home inside and outside to make it sparkle. Most homes can be painted for a few hundred dollars if you do it yourself. But the return in extra dollars can be thousands. In addition, your freshly painted home will probably sell much faster than if you don't paint it. The next profitable improvement to make at practically zero cost is to clean up your home and yard.
July 2, 2008 |
A former Bucks County prosecutor who had pleaded guilty to stealing mortgage payments, writing bad checks, and forging a judge's signature was sentenced to prison by a Delaware County Court judge yesterday. Joseph James Scafidi, 53, of Warminster, was sentenced to serve 18 to 36 months in state prison and five years on probation, ordered to pay $42,000 in restitution to the homeowners, and forbidden to work in the mortgage or any other financial business. Scafidi, who was working as a mortgage broker when he was arrested, also pleaded guilty yesterday to new charges, including perjury.
September 8, 1989 |
Ferdinand "Frenchy" Risco, a mortgage broker who was convicted of bilking poor Philadelphians out of money due them from sheriff's sales of their homes, was sentenced yesterday to three years in prison. U.S. District Judge Louis H. Pollak also ordered Risco to pay restitution to 16 victims who were defrauded of $52,275 between August 1985 and January 1986 by Risco and his partner, Reginald D. Lundy Sr., a former real estate broker who had pleaded guilty and testified for the prosecution.