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Mortgage Fraud $50,000

House Pic

Fraud in the ‘hood – Highlands Ranch

9601 Salem Ct, Littleton, CO  80130

  • Buyer/Borrower = Donald Cooper
  • Seller = Trust
  • Amount Paid to Seller = $310,000 estimated
  • Loan Amount = $360,000
  • Lender = Lehman Brothers Bank, FSB
  • MLS pg1  -  Purchase 07/15/06
  • MLS pg2  -  listing history
  • Deeds Report
  • Indicated Fraud = $50,000 estimated
  • Listing Agent = Jill Arthurs, Resident Reality
  • Selling Office = None

Comments:  After 172 days on market, any idiot can see this property is not worth $325,000.

One day after the listing expired, the property sold.  Somehow Lehman Brothers Bank decided to make a mortgage loan for $35,000 more than the asking price – to the same person (Don Cooper) who got a Lehman loan 2 weeks earlier – with the same kind of hocus pocus.  I wonder if Don Cooper is somehow connected with Secresha Cooper?

Pardon me while I puke.

tags

$50,000 Mortgage Fraud

mortgage fraud real+estate Don+Cooper donald+cooper jill+arthurs Secresha+Cooper

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This entry was posted on Tuesday, October 10th, 2006 at 9:00 am and is filed under Mortgage Fraud. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Mortgage Fraud $50,000”

  1. phil.rice » Blog Archive » Obvious Mortgage Fraud says:
    January 11, 2007 at 10:10 pm

    [...] My name is Jill Arthurs and I am a realtor with Resident Realty. I googled my name tonight and was shocked to see it associated with mortgage fraud at one of my listings at 9601 Salem Ct. in Highlands Ranch in your August blog. [...]

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