• September 22, 2026Lending & ForeclosurePendingIL

    Fannie Mae, Freddie Mac Servicer Accuse Chicago Investor's Portfolio Entities of Multistate Mortgage Fraud

    Fannie Mae and Freddie Mac's loan servicer Walker & Dunlop have filed a widening series of foreclosure and fraud suits since June 2026 against multifamily portfolio entities tied to Chicago-area investor Chaim Bialostozky, alleging the underlying loans were obtained by inflating property values through same-day, back-to-back property sales. As of a September 22, 2026 report, the suits cover roughly $44 million in…

  • March 27, 2026Lending & ForeclosurePendingGA

    Cimerring v. Arbor Realty Trust, Inc. ($175M Georgia Bridge-Loan Foreclosure Fraud Suit)

    Brothers Yisroel and Hanoch Cimerring, former owners of a 474-unit College Park, Georgia apartment complex, sued mortgage REIT Arbor Realty Trust in New York state court in late March 2026, alleging Arbor fraudulently strung them along with promises of a Fannie Mae takeout refinancing on a two-year bridge loan, then foreclosed and had an affiliated entity buy the property at auction for roughly $40 million. The…

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CREdocket summarizes public court records and reporting; see our sourcing standards and corrections log. Not legal advice.