david young team rod kelley + liz kelley + coldwell banker + memorial office + strawbuyers + strawbuying team + mortgage + fraud + rodkelley + wife + liz + kelley scam alert + conartist + AttorneyGeneral, Internet

rod kelley wife liz kelley are involved in strawbuying in houston. They are under investigation for mortgage fraud

Indictments Handed Down in Houston Straw Buyer Scheme/Rod Kelley+Liz Kelley+davidyoungteam.com 

rod kelley and liz kelley involved in straw-buying. Oldest couple reported to be involved in this type of case. They will spend the remaining years of their life behind bars. Grandma and Grandpa strawbuying scheme with david young team. Houston, Texas. Look at all of his last properties and you will see the all foreclosed. Property value dropping but him in his wife with coldwell banker(memorialdrive) all involved in strawbuying. Appraiser on the run. 

A Houston Grand Jury handed down indictments on eight individuals for a series of mortgage fraud scams in the  Houston, Texas  area, involving close to 300 properties valued at approximately $40 million.

Most of the fraudulent transactions involved finding a straw buyer with a high credit score, and persuading that person to purchase one or more properties. The perpetrators would obtain a phony appraisal that was significantly inflated.  Because of the buyers favorable credit score, their loan would be approved with minimal scrutiny by the lending institution. Once the sale went through, the scam artist would pocket the difference between the selling price and the inflated loan amount by charging consulting fees, remodeling fees, or other service charges that would be disbursed at the closing by the escrow officer. The unsuspecting buyer would then be stuck with a mortgage that was much higher than the true value of the property. In many cases the buyer was promised that the property would be leased and the mortgage payments would be made, only to find that the property was left unoccupied and the buyer?s credit damaged by nonpayment. rod kelley wife liz kelley are involved in strawbuying in houston. They are under investigation for mortgage fraud

Indictments Handed Down in Houston Straw Buyer Scheme/Rod Kelley+Liz Kelley+davidyoungteam.com 

Another variant of the straw buyer scam involved identity theft and the use of stolen personal information to arrange the purchase of property. In these instances the victims were not even aware of their involvement until they got calls from creditors about missed payments. rod kelley wife liz kelley are involved in strawbuying in houston. They are under investigation for mortgage fraud:rod kelley wife liz kelley are involved in strawbuying in houston. They are under investigation for mortgage fraud

Indictments Handed Down in Houston Straw Buyer Scheme/Rod Kelley+Liz Kelley+davidyoungteam.com 

Indictments Handed Down in Houston Straw Buyer Scheme/Rod Kelley+Liz Kelley+davidyoungteam.com 

le:///C:/Users/vivrant%20thang/Documents/David%20Young%20Team%20Straw%20Buying%20Team.html

Ok, so I kind of understood the complaint, but what the heck is up with that second rebuttal? Was someone trying to embed language in a photo for "search engine optimilization"?

When you try to cheat the system it just makes it look like your claim lacks the merit to be fairly lodged.

Or maybe someone is just a terrible writer, intoxicated, or manic. 

Yes! I know this builder guy! he built about 10-12 townhomes on cohn street, they were 2 bed and 2 bath and managed to close them out super fast priced at 425,000 plus!
i was wondering who in the hell was buying these units out that were around 1300-1400 square feet in upwards of $400 !!!!
i have been working the area as a buyer's specialist in the 77007 zip for 5 years and IT JUST DIDN'T MAKE SENSE!!!! Not when other properties had more sq footage and and were cheaper!
I also noticed that at least 10 of the properties were RE-LISTED within a year of being sold to a buyer by different banks as foreclosures.... WEIRD SH*T!
NO WONDER!!!! IT ALL MAKES SENSE NOW... i just wonder WHAT IDIOTIC LENDER/ LOAN OFFICER THIS GUY ROD KELLEY USES!!! lol!!! They were stupid enough to the give the guy more money after an entire project foreclosed after being sold to different buyers!!!

I guess the bank he's dealing with doesn't give a sh*t about mortgage fraud as long as some other bank took over the loan and the Rod Kelley was able to get out from underneath it.

His wide is a realtor, i believe too with coldwell banker united in west houston- the david young team... it sure is easy to sell property with straw buyers and be a "top producer"... lol!