LaSalle Title company

Local mortgage fraud charges were announced by federal officials

June 24, 2009 - 2:21pm | Articles | Fraud
Local mortgage fraud charges were announced by federal officials

Federal prosecutors have accused 37 people and 4 business of mortgage fraud. Those charged people include mortgage brokers, loan officers, appraisers and the executive of a title company. There is no relation among the cases.

According to authorities lenders in those schemes lost millions of dollars after loans went to default and properties were foreclosed upon.


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