Court, suspect reach deal [Massachusettes]
Home loan scam alleged
A Holden woman who is allegedly part of a massive mortgage-fraud scheme has agreed to let a title company have a $745,000 judgment against her.
Stewart Title Guaranty Co. was seeking to have the woman, Jamie Brown, cited for contempt because, in her capacity as trustee of a real estate trust, she had mortgaged a Florida condominium for $745,000 in violation of a judge’s temporary restraining order. In a stipulation filed Wednesday in Suffolk Superior Court, Ms. Brown agreed to the $745,000 judgment against her, but did not admit or deny the allegation of civil contempt.
The stipulation also agreed to convert a temporary restraining order to a permanent injunction prohibiting her from selling, transferring, concealing, reducing the value or conveying personal property or real estate until the judgment is satisfied.