A Senate panel has subpoenaed several financial institutions, including Goldman Sachs and Deutsche Bank, seeking evidence of fraud in last year's mortgage market meltdown.

The Securities and Exchange Commission today charged four promoters and a Phoenix-based company with securities fraud for orchestrating a mortgage lending scheme that attracted hundreds of investors by making false and misleading statements about the safety and performance of the investments.

The FBI's new mortgage fraud report shows an estimated increase of 36% in mortgage fraud during 2008.

Between 2005 and 2007, Metro Dream Homes victims were persuaded into investing at least $50,000 with Metro Dream Homes, either by refinancing their existing homes or buying new homes at inflated prices.

The goal of the The Fighting Real Estate Fraud Act of 2009 is to fight the mortgage fraud, to be a kind of mortgage policing legislation.

Mortgage fraud in Missouri is reaching to worrying levels. Thus the MO Attorney General Chris Koster declares 'Zero tolerance' on mortgage scams. Koster yesterday Filed suit to stop two more businesses dealing with providing mortgages.

The Attorney General of Florida McCollum unveils a website to help Florida homeowners to avoid mortgage fraud and related scams.

Where there is big money, expect the bad guys to be lurking around - waiting for the perfect opportunity to jump on their pray. Fortunately, treasury chief Geithner agrees with this as well. The chief said the Feds have intensified Housing Scam Crackdown, with several federal agencies teaming up to cub the vice.

Federal law enforcement officials announced today that 24 defendants, most of whom are professionals in the mortgage loan industry – including mortgage brokers, loan officers, loan processors, attorneys, accountants, an appraiser, and a banker – were named in 10 indictments charging them with federal offenses relating to mortgage fraud in the Chicago area.

The president of the Metropolitan Money Store Joy Jackson pleaded guilty in over $35 million mortgage fraud scheme. She was personally responsible for over $16.8 million in losses to mortgage lenders and used over $800,000 of fraudulently obtained proceeds to pay for her wedding.

Mohammed Rababeh, 29, of Vienna, Virginia, and Ahmed Rababeh, 31, of Haymarket, Virginia, were sentenced today for their roles in a conspiracy to commit bank fraud. U.S. District Judge Claude M. Hilton sentenced Mohammed Rababeh to 24 months in prison and Ahmed Rababeh to 18 months in prison.

Over 40 task forces of federal investigators along with state and local law enforcement agencies have completed their third nationwide sweep in an effort to detect and lock up mortgage fraudsters. The sweep known as “Operation Malicious Mortgage” has led to the arrest of over 400 individuals throughout the US on mortgage fraud charges.