HomeLatest NewsFeatured HomebuildersHome Buyer ResourcesBinding ArbitrationResource LinksSubmit ComplaintsView ComplaintsTake Action 101!Report Mortgage FraudMortgage Fraud NewsForeclosure NewsConstruction DefectsHome DefectsPhoto GalleryFoundation ProblemsHomeowner Website LinksHOA Reform
Main Menu
Home
Latest News
Featured Homebuilders
Home Buyer Resources
Binding Arbitration
Resource Links
Submit Complaints
View Complaints
Take Action 101!
Report Mortgage Fraud
Mortgage Fraud News
Foreclosure News
Construction Defects
Home Defects
Photo Gallery
Foundation Problems
Homeowner Website Links
HOA Reform
Featured Topics
Builder Death Spiral
Report Mortgage Fraud
Foreclosure Special Report
Mold & New Home Guide
Special News Reports
Centex & Habitability
How Fast Can They Build Them?
TRCC Editorial
Texas TRCC Scandal
Texas Watch - Tell Lawmakers
TRCC Recommendations
Sandra Bullock
People's Lawyer
Prevent Nightmare Homes
Choice Homes
Smart Money
Weekly Update Message
HOBB Archives
About HOBB
Contact Us
Fair Use Notice
Legislative Work
Your House

 HOBB News Alerts
and Updates

Click Here to Subscribe

Support HOBB - Become a Sustaining Member
Who's Online
We have 11 guests online
ABC Special Report
Investigation: New Home Heartbreak
Trump - NAHB Homebuilders Shoddy Construction and Forced Arbitration
National Mortgage Fraud Law Firm
Wednesday, 04 October 2006

National Law Firm Established to Handle Mortgage Fraud Cases

Kristin Campbell | 10.03.06

A new national law firm, The American Mortgage Law Group, has been established to focus exclusively on the needs of the mortgage banking industry, founder Arthur Prieston announced Monday.

The mortgage banking attorneys at Lanahan & Reilly, a Santa Rosa, Calif.-based law firm, are now handling mortgage banking cases for American MLG. James Brody and Ryan Thomas, partners in the new firm, are responsible for recovering millions of dollars in cash on behalf of clients. Novato, Calif.-based American MLG will work closely with The Prieston Group, a provider of mortgage fraud insurance, training and loss mitigation, to recover monies on behalf of its clients, and will also serve companies who are not clients of TPG. Mortgage fraud is likely to be a large concern for most clients, says Prieston.

The Prieston Group had previously worked with Lanahan & Reilley for its loss mitigation efforts on behalf of clients and continues to maintain counsel relationships with the firm. The only difference now is that all future Lanahan & Reilley work that is related to mortgage banking will be referred to American MLG. The new firm intends to move from being a regional law firm to a firm with a national presence and the ability to handle cases across the country through relationships with local counsel in hot spot areas for mortgage fraud.

Jon Daurio, former co-founder of Encore Credit Corp. will also lend his expertise to the new firm. Daurio is a mortgage banker and a former managing partner of O’Connor, Schmeltzer, Armstrong & Watkins, a law firm in Irvine, Calif.

Kirk Smith, president of SouthStar Funding, says that a national law firm dedicated to fraud cases will help eliminate “inefficiencies and confusion” that come as a result of a client having to contract with multiple firms for representation.

“Mortgage fraud is a national phenomenon and having one central place to turn to for representation is desirable for most lenders especially with the myriad of state lending laws and regulations that our industry is subject to,” Smith said.
http://www.dsnews.com/view_story.cfm?id=499

 
Search HOBB.org

Reckless Endangerment
BY: GRETCHEN MORGENSON
and JOSHUA ROSNER

Outsized Ambition, Greed and
Corruption Led to
Economic Armageddon


Amazon
Barnes & Noble

NPR Special Report
Part I Listen Now
Perry Home - No Warranty 
Part II Listen Now
Texas Favors Builders

Washington Post
The housing bubble, in four chapters
BusinessWeek Special Reports
Bonfire of the Builders
Homebuilders helped fuel the housing crisis
Housing: That Sinking Feeling

Consumer Affairs Builder Complaints

IS YOUR STATE NEXT?
As Goes Texas So Goes the Nation
Knowledge and Financial Responsibility are still Optional for Texas Home Builders

OUTSTANDING FOX4 REPORT
TRCC from Bad to Worse
Case of the Crooked House

TRCC AN ARRESTING EXPERIENCE
The Pat and Bob Egert Building & TRCC Experience 

Build it right the first time
An interview with Janet Ahmad

Bad Binding Arbitration Experience?
This e-mail address is being protected from spam bots, you need JavaScript enabled to view it
or call 1-210-402-6800

Drum Major Institute
for Public Policy

Tort Deform
Report Your Arbitration Experience

top of page

© 2017 HomeOwners for Better Building
Joomla! is Free Software released under the GNU/GPL License.