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California brokers indicted in $2.4m fraud

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Mortgage Professional America | 20 Nov 2013, 12:06 AM Agree 0
Prosecutors say two former mortgage brokers scammed mortgage money from investors but never paid borrowers.
  • mtgsmadeez | | 20 Nov 2013, 02:24 PM Agree 0
    No different than the Feds currently holding the RE industry hostage at least these folks went to Las Vegas where gambling is legal!
  • Ben Vogler | | 20 Nov 2013, 03:10 PM Agree 0
    sounds like a banker to me. When did brokers ever get the ability to control closing funds?
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