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Freddie Mac

Wednesday, January 16, 2013

Dearborn Home Involved in Canton Man's Mortgage Fraud Case

Samer Salami faces charges of conducting criminal enterprise in real estate fraud scheme involving Fannie Mae, Freddie Mac.

Prosecutor Kym L. Worthy has charged real estate agent Samer Salami, 32, of Canton with conducting an alleged criminal enterprise from August 2007 until approximately April 2010, according to a news release from Worthy's office. Salami is a real estate broker with Villa Realty located in the 25400 block of Plymouth Road in Redford, the news release indicated. The mortgage fraud case includes a home on the 5100 block of Porath, as well as several Dearborn Heights homes. The Federal National Mortgage Association (Fannie Mae) received a complaint that Salami, in his capacity as a Fannie Mae broker, was steering Fannie Mae toward low purchase offers from his company or associates, the news release indicated. According to the news release, in …

Pays My Bills

6:54 pm on Thursday, January 17, 2013

This scumbag is the tip of the iceberg and the money he made is small change compared with the thousands of people who just walked away from their mortgages or settles for pennies on the dollar when they could have afforded to pay their obligations. Now the rest of us who paid our bills are stuck with houses worth a fraction of what they should be. Put all of these opportunistic white-collar …   more ›

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