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Loan officer pleads guilty to fraud

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Mortgage Professional America | 11 Feb 2014, 05:25 AM Agree 0
A New Jersey mortgage officer has pleaded guilty to participating in a multimillion-dollar mortgage fraud scheme
  • van | | 11 Feb 2014, 11:30 AM Agree 0
    Sad part is she will never go to jail and never pay any restitution
  • Ed | | 11 Feb 2014, 11:45 AM Agree 0
    Even sadder is that these dummies never get it. How many of these stories to we have to read before they understand that they aren't going to get away with it? You can take this same story and just change the names and publish it tomorrow. They must believe that because they aren't getting caught at the moment of committing their crime they are going to get away with it. Don't they know they are creating the paper trail for any prosecutor to convict them Unbelievable! They should go back to whatever criminal enterprise they were involved in before they decided to join the mortgage business.
  • M. Scott | | 11 Feb 2014, 03:48 PM Agree 0
    A lot of these are from earlier years and it is just now catching up to them. They n others got away w it for so long that they believed they wouldn't be caught or punished. There also are some people being pursued who thought the mortgages they were doing were legit, but later found to be fraudulent.
  • mr. smith | | 15 Oct 2014, 02:38 PM Agree 0
    there are a lot of scumbag mortgage people but being in the business their are people who try as hard as they can and bend the rules just slightly to get someone the house of their dreams then that same scumbag defaults and blames the mortgage company
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