All Forum Posts by: Jesse LeBlanc

FACT: Borrower asks lender a "favor" to increase their payoff as a way to get hundreds of thousands extra back but NOT given back at closing on HUD, rather under the table directly from lender to borrowers after lender received the inflated payoff.

Is this in fact considered Mortgage Fraud? Is it some other offense? If so, would both borrower and lender be charged the same or just one party? What could this mean for the lender if exposed to OCC or FDIC?

please reply with actual law codes if it’s criminal. Please add supporting links, documents or links to sources etc to your response if possible.

@Jay Hinrichs why does this NOT surprise me!  LOL  I grew up just outside Detroit and have family up that way and have heard this a lot.  Of course living in Atlanta I see and hear quite a bit of fraud as well so this too doesn't surprise me.  But sheesh that's just so sad and it does nothing but cause more pain and suffering for everyone else who isn't even involved and has to pay for the wrong doing of others, ie increased insurance etc.

@Dean Tilman GOOD CALL and thank god you listened to your gut!! I just saw a couple more of his other SFR's going to Auction in November. He was able to screw someone over for some money and keep The Bank out of foreclosure the other month, then they build an illegal bar and threw a Poker Championship party "For Charity" bullsh*t to get some money back in to pay bills. but he's beginning to become desperate, so it's only a matter of time before crap really hits the fan for him and I CANNOT WAIT to share with the feds the mortgage fraud details I have on him. I'm just waiting to get this lien on the church after this Pastor first before I open up the can of worms to the public (UNLESS the Feds or local authorities reach me first, then I'll be MORE than happy to share).

but I definitely want this on the news and blast all of these people to protect so many others out here in Metro Atlanta from this Crime Ring.

Absolutely @Rick Baggenstoss, I've got some others I need to make another post on.  Although its a tad different but still major Mortgage Fraud group here in Metro Atlanta.  Will Platt II (who owns The Vault and The Bank on the west side) is the ring leader behind it along with one of his brokers who goes by Byron Raines Ellis.  He's also working with a local pastor of a mega church here in DeKalb and i'm in litigation now for over 2.5M after they along with a local closing attorney Jacinda Walker of Regal Legal Services.   But Will Platt is a bad bad bad guy and currently becoming more and more desperate right now after many foreclosures and I've seen him forge QCD docs on "friends" and take over their house then get a mortgage and take off with the money leaving the legit owners clueless.   I've been waiting a while before I share all the details and start working with the feds and local authorities along with the news until I finally get this lien on the church to secure my 2.5M+ along with a local Pastor of a Mega Church who believes God gave him a miracle and owes me nothing but also best friends with Will Platt.  Oh yah, and the pastor is one of the DeKalb County Chaplains.....also corrupt!  SURPRISE!!

 Absolutely!!!!

Thank god @Joe Davis!!  And I almost didn't post this thinking no one else would ever see it or know.  I've got some more I need to make posts about.  I even took one down a while back from the amount of threats from one of these mortgage fraud guys in Metro Atlanta.  I need to make that post again to save other people as well

Quote from @Dean Tilman:

I'm a private lender in Atlanta. Justin just called me about transactional funding in Jax.  Said Title 1 Florida (Irving Maxwell) had title. Very aggressive to close which is always a red flag. Looked at their website which looked like a 1st grader made it, state didn't have them listed, then found this at Sec of State.  Check out the email address.  Just another day in scamville 

 He got out of jail day one on a 250k bond, then next day right back at it!!  More people need to contact the FBI to share this with them.  The more that do, the quicker they'll do something and help protect so many other lenders.

@Season Price I'd love for you to look into working with us for your double closing using our Transactional Funding.  Please check out my website, our reviews etc. We're approaching 100 all 5 star reviews soon. :)  At the very moment (likely through next week) i'm on a temporary lending freeze, likely just through the end of May, then back to business after that. :)

It's also NOT required to market a property in order to wholesale it, and thus wholesaling is still legal.  If you already have your buyer lined up before signing a contract with the seller and already know who you're selling it to, then you're not marketing a property you have UC.  

TOO MANY PEOPLE ignore this and always assume every wholesaler (likely most, I agree) is marketing a property they have under contract without a buyer already lined up.

 Thank you SO VERY MUCH!!!  After many years of being a police officer prior to my 10 years in RE, I am always watching out for this type of behavior and always looking out for others!

I friggen NEW that would happen @Eddie Pietschmann!  He's told quite a few people "go ahead and sue me, just get in line".  So he's not stopping and he has a SERIOUS gambling addiction.  It won't stop until he's doing federal time.