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Jack O'Donohue
Works at O'Donohue Law, LLC
Lives in Andover, MA
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Jack O'Donohue

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my wife is running the 2014 Boston Marathon to raise money for the Vaughan Children's Trust. More information below. Please donate!
I'm running the 2014 Boston Marathonto raise money for the Vaughan Children's Trust. On September 27th 2013, David Vaughan passed away after a tragic car accident on his way to work. He was only 40 years old and still full of life. David was a devoted husband and caring father, loving son, loya...
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Jack O'Donohue

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I recently co-sponsored an educational event about Mortgage fraud. I researched the topic at length by interviewing colleagues, reading cases, and digesting other information I could find. This article is a brief summary of that research.

Mortgage fraud is a major problem. It happens all of the time all over the country. In fact, Kroll Factual Data, Inc. (“Kroll”) announced a 10.41% average increase of possible mortgage fraud throughout the country and identified Manchester, NH as the 3rd ranked MSA for increases in potential fraud.

The advice I would pass along to professionals in the real estate business is to think beyond due diligence. If something doesn’t seem right…investigate it further. If one of your clients or one of his/her trusted advisors is a con-man or former criminal you should know. All it takes is a few extra minutes of your time to review the person via a brief internet search. Controversial material rises to the top of SEO search so you shouldn’t have any trouble locating negative feedback.
This same advice applies to people in the real estate market. Take time to learn everything you can about your trusted advisors before its too late to act. Here are the more common type’s of fraud I encountered in my research:

Occupancy fraud – Borrowers have to swear up and down that they intend to occupy the subject property as a primary residence for at least one year and take occupancy within 60 days of the loan closing. In exchange for these promises, mortgage lenders provide lower down payment options and lower interest rates. The harm to the overall economy is real. In many cases, taxes on capital gains aren’t paid and the borrowers materially misrepresent the risks to the lender.
Income fraud – borrowers inflate bottom line net taxable income by falsifying IRS tax filings.

Gifts -  borrowers aren’t entirely truthful as to whether a gift is truly a gift vs. a loan.

Fraud for profit - these almost always involve more than one party. Examples of this behavior are foreclosure rescue scams involving straw buyers.

Identity Theft - remarkably still a problem in the real estate business. Where there is money to be made there will always be identity theft. Especially when there is so much confidential information in the hands of your real estate lawyer or title company. Work with someone you trust.

Shotgunning  – I don’t see this much in Massachusetts, but apparently this happens where multiple parties working with different banks will line up closings on or about the same date/time for the same property. The result is catastrophic losses for banks.

Although not required for most real estate professionals or clients, if you have direct knowledge of a mortgage fraud scheme, it would be wise to report the information to the Financial Crimes Enforcement Network in the form of a Suspicious Activity Report.

This article was originally published on Andover-Lawyer.com.
Jack O’Donohue is an Attorney with Dalton & Finegold, LLP, a real estate focused law firm located in Andover, Massachusetts.
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I can't remember where I found out about this website, but it is fantastic for creating marketing images. If only I were creative...
Canva makes design simple for everyone. Create designs for Web or print: blog graphics, presentations, Facebook covers, flyers, posters, invitations and so much more.
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I am so excited to share this exciting news. TitleCloud has been a project we have been working on for over 18 months. Software companies have built hundreds of products for realtors, loan officers, attorneys, appraisers, home inspectors and other real estate professionals. However, the technological needs of title examiners has been neglected by other software providers. Our product is the first web-based software tool & database for title examiners. It is an amazing product that is environmentally friendly. No more stacks of paper. It will save users time and money. If you know any title examiners or real estate attorneys who might be interested in beta testing the software, please send me a private message. Thank you to everyone for the support.
A Complete Software Tool for Title Examiners | 30 Day Free Trial
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Since we fancy ourselves unqualified social anthropologists, here’s a list of personality traits most commonly associated with different styles of drinks made from yeast-fermented malt flavored with hops.
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Awesomeness! Jimmy Fallon hitting it out of the park again. 
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worth a careful read on this snowy day in the Northeast
 
3 Ways to Use Google+ to Increase Search Rankings

3 excellent tips to review and implement if you haven't already. Via +Social Media Examiner 

#googleplustips   #seo  
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This has been a project that we conceptualized and have developed over the last 18 months. We are almost ready for prime time!
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We will be ready for public beta testing soon. Follow us on Google+ for more information!
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Jack O'Donohue

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Does anyone recommend a particular Legal Project Management (LPM) software? I've searched for days and there doesn't appear to be an affordable and simple market leader. Thank you for any help.
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Thank you for the feedback +Nicole Black. I am familiar with both and may give them a 2nd look. 
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Is it possible to link a Youtube channel with a Google+ Profile and a Google+ Page? I did some research and could not locate a solution. Thank you everyone for any guidance!
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People
Have him in circles
332 people
Brian Zeiger's profile photo
Brian Brisebois's profile photo
Livesay & Myers, P.C.'s profile photo
Carol Graham's profile photo
Timothy Bussey's profile photo
Jesse Redlener's profile photo
Wes A. McKibbon's profile photo
Nicholas Yaeger's profile photo
Bill Nickerson's profile photo
Work
Occupation
Massachusetts Real Estate Attorney and Co-Founder of TitleCloud
Skills
Real Estate, Negotiation, Real Estate Transactions, Contract Negotiation, Legal Researech, Social Networking, Social Media Marketing, Business Development
Employment
  • O'Donohue Law, LLC
    Real Estate Attorney, 2014 - present
    Jack O’Donohue is an Andover, MA based real estate attorney specializing in transactional real estate law, contract negotiation, mortgage financing, title insurance placement, leasing, and entity formation. Clients value his experienced, innovative, and solution-oriented approach to the practice of law. He is the founder of O’Donohue Law, LLC.
  • TitleCloud
    Co-Founder, 2013 - present
    TitleCloud is a comprehensive and powerful web-based software tool and database for title examiners. Easily create, edit, and finalize a documented title abstract on any internet enabled device. TitleCloud is a product of Punchard Software, Inc.
  • Dalton & Finegold, LLP
    Real Estate Attorney, 2012 - 2014
    Located in Andover, MA, Dalton & Finegold, L.L.P. has been providing exceptional service to our clients since January of 2000. Our firm specializes in real estate law, estate planning, probate administration, employment law for employers, bankruptcy, creditor's rights, and corporate law.
Basic Information
Gender
Male
Relationship
Married
Story
Tagline
I don't have a tagline. But I'm here.
Introduction

Co-Founder of TitleCloud, a comprehensive and powerful web-based software tool and database for title examiners. Easily create, edit, and finalize a documented title abstract on any internet enabled device.

As a Massachusetts real estate attorney, I specialize in residential real estate closings, mortgage financing, title insurance placement, leasing, and business law.A majority of my legal work is referred by local and national banks, mortgage lenders, real estate brokers, attorneys, CPA's, financial advisors, friends and family. 

I'm an active member of the Rotary Club of Andover and I serve on the Board of Directors for the Essex Art Center in Lawrence, MA.

My wife Jennifer is the principal owner of The Rose Medical Group, a healthcare search firm based in Massachusetts with clients throughout New England. We are the proud parents of three boys.

Bragging rights
MVB 40 Under 40 Award (2013) | 3 Marathons Completed
Places
Map of the places this user has livedMap of the places this user has livedMap of the places this user has lived
Currently
Andover, MA
Previously
North Andover, MA - Hartford, CT - Galway, Ireland - Killington, VT - Cambridge, MA
Contact Information
Work
Phone
(978) 475-4896
Email
Address
38 Main Street, Andover, MA 01810
Jack O'Donohue's +1's are the things they like, agree with, or want to recommend.
Campaign For A New Electric Kiln
www.indiegogo.com

We are raising money to purchase a Tucker's Cone Art Oval Ceramics Kiln. Watch the video to learn more!

TitleCloud
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The Complete Software Tool & Online Database for Title Examiners

SEOWiSE
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Writing, Sharing, and Engaging

What Is the Market for Online Videos? | Social Media Today
socialmediatoday.com

Did you know that videos increase our understanding of a product or service by 74 percent, while more than 45 percent of people on the inter

Financial Calculator
financial-calculator.appspot.com

Financial Calculator, Suggestions. Mortgage Calculator. EMI Calculator. Loan Term Calculator. Loan Amount Calculator. Interest Calculator. T

Thai Sweet Basil - Andover
www.thaisweetbasilandover.com

Thai Sweet Basil Andover offers great Thai food located in Andover, Massachusetts. We are serving lunch and dinner, catering and delivery al

Common Mistakes: A Practical Guide for the Massachusetts Landlord
www.slideshare.net

Attorney Jack O'Donohue of Dalton & Finegold, LLP presents this presentation about common landlord problems in Massachusetts. Attorney Jack

Boston.com | $60 million Morrissey Boulevard residental project clo...
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A $60 million residential project that will fill in a vacant trash strewn lot in Dorchester is one step closer to having shovels in the dirt

Livesay & Myers, P.C.
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Law Firm In Manassas, Fredericksburg and Fairfax, VA

Social Media Examiner
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Social Media Examiner: Social media marketing how to, research, case studies, news and more!

iOS Lawyer
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Website for lawyers using iPhone and iPad

Fundamental iPad Tips for Lawyers (Brett Burney presentation for Chicago...
www.macsinlaw.com

Macs in Law. Using Macs, iPhones, & iPads in the practice of law. RSS · Twitter · Home · About · Categories · Resources · The Book · Need He

Mortgage applications, interest rates tick up | HousingWire
www.housingwire.com

The average contract interest rate for a 30-year, FRM with a conforming loan balance grew to 3.73% from 3.67%, while the average 30-year, FR

Excellent service. Extremely reliable. Most affordable and best services of all the heating contractors we called in the area. We will use him again. Thank you!
Public - 2 years ago
reviewed 2 years ago
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