The new case involving a Utah company joins a list of other mortgage fraud prosecutions Minnesota has pending. Commerce Commissioner Mike Rothman says the companies are exploiting homeowners in financial distress by promising services that they don't deliver.
Eric Perkins, Miss Minnesota, Paul Fletcher create new podcast
The podcast is released Tuesdays at 8 a.m. and is available wherever you find podcasts.
MSP Airport debuts mock aircraft to help ease flying anxiety
The pre-flight experiences cover the TSA screening procedure, exploring a terminal, boarding a plane and meeting a pilot, and preparing for takeoff.
These Minnesota kids will be competing at National Spelling Bee
The upcoming event in Maryland will be the first fully in-person Scripps National Spelling Bee since 2019.
New data shows how omicron has impacted kids in Minnesota
The new data shows breakthrough data during the omicron period, which began Dec. 19, 2021.
Albert Lea shooting suspect arrested after 3 weeks on the run
He is accused of shooting a man in the upper thigh on May 1.
Motorcyclist, 59, killed after losing control on right curve
The Harley Davidson rider was thrown from his bike.
Minnesota's 2022 legislative session: What's happening?
A list of items agreed upon and yet to reach any bipartisan agreement in the latest legislative session.
Water main break floods 40-45 homes in St. Louis Park
The city says the rupture happened on Minnetonka Boulevard.
Charges: 6-year-old Eli Hart shot up to 9 times by his mother
The 28-year-old is facing 2nd-degree murder charges.
Former WCCO Radio host Dave Lee moves into podcasts
His new podcast, called 'My First Concert,' launched last week.
Tow boat collides with Mississippi River lock and dam in Alma, WI
The crash remains under investigation by the United States Coast Guard.
Police: Man in minivan approached kids, claimed he was former principal
Investigators say children were approached by a man in a white minivan who falsely claimed he'd been a local school principal.
Bloomington mortgage firm exec charged with bank fraud
Federal prosecutors Joseph Traxler, formerly the chief financial officer and senior vice president of Centennial Mortgage and Funding, defrauded American Bank of St. Paul of about $8 million.
Minnesota woman gets 60 months in prison for role in mortgage fraud scheme
A woman from Savage was sentenced to 60 months in prison Friday for her role in a multi-million-dollar mortgage fraud scheme that victimized lenders across the country. Barbara Lynnae Puro, 49, was sentenced after pleading guilty in March to one count of conspiracy to commit wire fraud.
Twin Cities man pleads guilty in $20M mortgage fraud scheme
A Chanhassen man has become the third person to plead guilty in a $20 million mortgage fraud scheme that involved 57 properties. Douglas Rex Butler faces up to 20 years in prison after pleading guilty to one count of fraud.
Fewer Minnesotans delinquent on their mortgages
5.4 percent of Minnesota mortgage holders were behind by at least one payment during the third quarter. That's almost a full percentage point lower than during the same period last year. It's also one of the lowest delinquency rates among the states.
Charges filed against owner of 32 dead snakes
Henry Atherton is charged with felony mistreatment of animals by torture. Authorities found 32 dead snakes in a storage locker near Dilworth last week. According to the criminal complaint, the 49-year-old told investigators he bought the snakes in Florida and intended to sell them.
ResCap files for Chapter 11
Mortgage lender Residential Capital filed for Chapter 11 bankruptcy protection on Monday. The Richfield-based company needs help from its parent company to repay about $12 billion owed to the federal government for a bailout during the financial crisis. ResCap has 3,500 employees and reported $15.3 billion in total debt.
Berkshire offers to buy Bloomington-based ResCap mortgages
Warren Buffett's Berkshire Hathaway Inc. is eyeing a $374 billion mortgage-servicing portfolio of Residential Capital LLC. The bankrupt lending unit, a subsidiary of government-owned Ally Financial, filed for Chapter 11 protection in May. Dow Jones News Wires reports Minnesota-based ResCap already has a proposed agreement to sell the mortgage unit to NationStar Mortgage Holdings Inc. Berkshire says it will match the $2.4 billion bid, but offer a lower breakup fee.
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