FBI’s anti-fraud efforts get no boost from stimulus package Bridget Patton, spokeswoman for the FBI’s Kansas City office, said this area had ranked fairly high in mortgage-fraud cases until last year.
Foreclosure lawsuit strikes project across from American Airlines It obtained an $18 million mortgage from Overland Park, Kansas-based Hillcrest Bank in 2006, and got a $4 million advance on top of that the following year.
US stocks: Opening bounce eyed on stimulus, mortgage plan Additionally, investors were heartened by news on Thursday that the Obama administration was creating a plan to subsidize mortgage payments for troubled
Nixon betting on federal stimulus to balance Missouri’s budget “It’s hovering over the decision-making in all of the states,” said Kansas Senate Majority Leader Derek Schmidt. The states’ motive is more than just the
FBI’s anti-fraud efforts get no boost from stimulus package - Kansas City Star
14.02.09
To many Republicans, the $75 million tucked into the economic stimulus bill to hire new FBI agents was wasteful or inappropriate, right up there with new icebreakers and stop-smoking programs.</p><p>But to many, the desolation left from the financial debacle would appear especially fertile ground to grow new jobs, at least in the crime-busting field.</p><p>The FBI has 530 active corporate-fraud investigations running — 38 involving some of the biggest names in corporate finance related to the current meltdown, FBI Deputy Director John Pistole told the Senate Judiciary Committee this week.</p><p>That doesn’t count the 1,800 mortgage-fraud cases, he said, twice that of just two years ago.</p><p>On Wednesday, it was learned that Ruth Madoff, the wife of the accused Wall Street Ponzi king, had pulled $15 million out of a brokerage firm owned by her husband only days before he was arrested.</p><p>And at least six new suspected multimillion-dollar fraud cases — some smaller Ponzi schemes, but reaching up to $1 billion lost — popped up last month from Florida to Idaho.</p><p>The agency could use some help, reasoned Sen. Barbara Mikulski, chairwoman of the appropriations subcommittee overseeing the FBI’s budget, so she inserted the $75 million into the stimulus bill. The Maryland Democrat wanted to fund at least 165 new agents hired and trained to tackle the mortgage mess.</p><p>Republicans argued the item belonged in a regular spending bill, but Democrats noted that would mean many months more waiting for passage of appropriations bills.</p><p>When the 1,071-page version came out of the conference committee, the FBI reinforcements had been wiped out.</p><p>Concerns of understaffing and a drop in criminal prosecutions nationwide have been heard since the Bush administration shifted at least 2,000 FBI agents from regular crime squads to counterterrorism after the Sept. 11 attacks.</p><p>Pistole said the bureau is “doing a complete scrub of all resources” to ensure that enough agents are assigned to the corporate cases, which may involve name brands such as American International Group, Countrywide Financial, Fannie Mae and Freddie Mac.</p><p>Bridget Patton, spokeswoman for the FBI’s Kansas City office, said this area had ranked fairly high in mortgage-fraud cases until last year. “We’ve been working mortgage fraud before it became the big hot topic.”</p><p>The paper wave was shown by the 560 mortgage-fraud indictments and informations nationwide in 2008, she said, compared with 328 the year before. Convictions rose from 283 to 338. Patton suggested that the skewed proportion was the results of Operation Malicious Mortgage last spring involving 46 of 56 FBI field offices, “which is huge.”</p><p>Authorities think hundreds of millions of dollars have been siphoned from the mortgage system and even organized crime has found the tap. The problem is so vast, Pistole testified this week, that the bureau is not focusing on individuals, but the larger schemes involving “lawyers, brokers or real estate professionals that are systematically trying to defraud the system.”</p><p>Neil Barofsky, inspector general for the $700 billion Wall Street bailout, supported the pursuit of licensed professionals: “They have the most to lose, they’re the most likely to flip, and they make the best examples.”</p><p>Vice President Joe Biden and Senate Judiciary Committee Chairman Patrick Leahy are among those arguing to beef up the FBI’s anti-fraud efforts.
How late do you have to be on a mortgage payment before they start foreclosure proceedings in Kansas?
Feb 22, 2008 by kaspercoffee | Posted in Renting & Real Estate
With most after it has been in default for 3 months. It really doesn't matter where you live that's usually the case. Now how fast they can foreclose on the property can vary from state to state. Kansas law I do not know.
Veritas et Aequitas () | Feb 22, 2008
good mortgage broker in kansas city?
May 10, 2007 by kristi p | Posted in Renting & Real Estate
Please I need the name of a good mortgage broker in the kansas city area. We want a 30 yr fixed with no money down. Country wide wants 20% down and we would like to use that moola to pay off car and then to update a couple things in the house. Anybody???
I am a personal mortgage consultant and member of the National Association of Responsible Loan Officers (www.narlo.com/1882). I can help you obtain 100% financing. I am a broker and have hundreds of banks that I maintain relationships and close loans through.
I welcome the opportunity to see what I can do and further assist you in achieving your goals.
If you'd like more information, please feel free to go to my website at www.vegasloansbytami.com. My contact information is there. If you would like to see what I can do immediately, there are application forms on my site to further expedite your pre-approval of 100% financing.
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loansbytami | May 10, 2007
What is the Kansas statute that requires the Register of Deeds in a county to collect registration tax?
Sep 02, 2006 by footballfan4life777 | Posted in Government
What is the state statute number in the state of Kansas that requires the Register of Deeds in a county to collect registration tax on a real estate mortgage or they will have to pay it out of their own pay checks?
This might be it:
Kansas Statute 58-2221
Chapter 58.--PERSONAL AND REAL PROPERTY
Part 6.--MISCELLANEOUS PROVISIONS
Article 22.--CONVEYANCES OF LAND
58-2221. Recordation of instruments conveying or affecting real estate; duties of register of deeds. Every instrument in writing that conveys:
(a) Real estate;
(b) any estate or interest created by an oil and gas lease;
(c) any estate or interest created by any lease or easement involving wind resources and technologies to produce and generate electricity; or
(d) whereby any real estate may be affected, proved or acknowledged, and certified in the manner hereinbefore prescribed, may be recorded in the office of register of deeds of the county in which such real estate is situated. It shall be the duty of the register of deeds to file the same for record immediately, and in those counties where a numerical index is maintained in the register of deeds' office, the register of deeds shall compare such instrument, before copying the same in the record, with the last record of transfer in the register of deeds' office of the property described. If the register of deeds finds such instrument contains apparent errors, the register of deeds shall not record the instrument until the grantee has been notified, if such notice is reasonably possible.
The grantor, lessor, grantee or lessee or any other person conveying or receiving real property or other interest in real property upon recording the instrument in the office of register of deeds shall furnish the register of deeds the full name and last known post-office address of the person to whom the property is conveyed or such person's designee. The register of deeds shall forward such information to the county clerk of the county who shall make any necessary changes in address records for mailing tax statements.
History: G.S. 1868, ch. 22, § 19; L. 1913, ch. 134, § 1; R.S. 1923, 67-221; L. 1953, ch. 297, § 1; L. 1972, ch. 366, § 2; L. 1973, ch. 221, § 1; L. 2004, ch. 127, § 1; July 1.
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If this isn't what you're looking for you can do a keyword search yourself at:
http://www.kslegislature.org/legsrv-statutes/index.do
You can also ask your question of the State Library of Kansas. They get questions like this all the time and are good at answering them:
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Elliott Clark, 58, and his wife, Aquilla, 45, are almost four months behind on the mortgage on their three-bedroom house in Kansas City.
