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Ex-Employee of Fannie Mae Suspected of Wire Fraud Real Estate Scheme

A Riverside County woman who worked as a foreclosure specialist at Fannie Mae in Irvine has been accused of taking over $1 million through accepting bribery and employing fraudulent sales practices with company-owned properties. Shirene Hernandez, a 45-year-old resident of Riverside County, was a real estate owned foreclosure specialist for…

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Three Men Indicted in $2.5 Million Federal Home Loan Modification Scam

After an FBI investigation into what they believe is a fraudulent operation targeting homeowners facing foreclosure by offering low interest loan modifications, three men from Southern California are facing federal charges as suspects in the alleged hoax. At the start of 2014 under the name Hope Services, homeowners in danger…

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