Lenders Say Baltimore Property Flips Fueled $10M Fraud

By Jared Foretek · September 21, 2026, 7:16 PM EDT

Two wholesale asset-based mortgage lenders have accused a cadre of appraisers, title companies and real estate investors of passing off inflated appraisals on nearly 60 Baltimore homes and causing more than...

To view the full article, register now.

Documents

Case Information

Case Title

Ameritrust Mortgage Corporation v. FirstLoans Inc. et al

Case Number

1:26-cv-03574

Court

Maryland

Nature of Suit

Racketeer/Corrupt Organization

Date Filed

September 09, 2026


Case Title

Commercial Lender LLC et al v. Actie et al

Case Number

1:26-cv-03725

Court

Maryland

Nature of Suit

Racketeer/Corrupt Organization

Date Filed

September 19, 2026