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Attorney blogs to prevent real estate fraud

Site details fraud schemes from around the country

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Nathan Slitcher of Bluffton, S.C., pleaded guilty to bank fraud. In one scheme, he altered the appraisal on his home in applying for a home loan. In Vermont, the state Supreme Court issued an emergency suspension against Michael McGinn, a St. Albans, Vt.-based lawyer and former Franklin County state attorney. McGinn is accused of diverting money from real estate closings for his own use. On the other side of the country, authorities recently arrested Lancaster, Calif., resident Carletta "CeCe" McCray, accused of operating a Ponzi scheme in which she embezzled money from clients while working at three different lending companies. The names and details may sound familiar to regular visitors to the Mortgage Fraud Blog, a three-month-old Web site that bills itself as a clearinghouse for information on recent mortgage fraud schemes, indictments and prevention. Blog founder and mortgage fraud attorney Rachel Dollar started the Web site after realizing that the fraud research she was sending...