Mortgage fraud ring hit $100M, FBI says The Detroit News Federal prosecutors in Detroit say a local crime ring ran a mortgage fraud scheme that cost lenders more than $100 million and was used to fund a lifestyle … Feds announce mortgage fraud charges against 7 Chicago Tribune Seven Metro Detroiters accused in $100 million mortgage fraud case The Detroit News all 8 news articles

A 41-year-old Brooklyn Center mortgage broker was sentenced to two years in prison Tuesday for defrauding clients out of more than $800,000. Terry L. Lemke, owner of All Metro Title, was sentenced in federal court in St. Paul after pleading guilty in August to wire fraud and money laundering.

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2 years in prison for mortgage broker who scammed clients of $800k (Minneapolis-St. Paul Star Tribune)

By: Kyle Potter Three years after the mortgage crisis struck, communities throughout the metro area are trying to recover from a staggering number of foreclosures. Near the University of Minnesota campus, foreclosure numbers are negligible in comparison. The four off-campus neighborhoods University students usually settle in — Marcy-Holmes, Prospect Park, Southeast Como and Cedar-Riverside …

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U neighborhoods escape mortgage crisis trends (The Minnesota Daily)

ATLANTA – Metro Atlanta’s foreclosure notices jumped a whopping 27% this month over January. That bad news is sure to spur on some state lawmakers who’re trying to reform Georgia’s mortgage laws and crack down on fraud.

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Grim Foreclosure Numbers Spur Mortgage Reform Bills (WXIA-TV Atlanta)