San Francisco court orders $9m restitution for mortgage fraud sceme

A former Emeryville resident has been sentenced in federal court in San Francisco to 15 years and eight months in prison and ordered to pay more than $9m in restitution for a mortgage fraud scheme. Patricia Morgen, 63, who founded a real estate firm called Chicago Development and Planning, was sentenced Wednesday by US District Judge Charles Breyer.

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With home prices reaching unprecedented heights and interest rates soaring, the discerning nature of today’s buyers requires all agents to employ every possible advantage. Simply put, cutting corners on staging is a risky move that risks prolonged market presence.

3d rendering of a row of luxury townhouses along a street

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