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Edina mortgage broker pleads guilty to $20M scam – An Edina mortgage broker has pleaded guilty to fraud involving $20 million and 57 properties, according to the U.S. Attorney’s office in Minneapolis. Derrick Ivan Lance, 40, had been charged with one.
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National firm poaches big producer from USA Mortgage – A contingent of local mortgage brokers that their new boss says originate some $200 million in loans per year have switched companies, potentially growing loan volume by roughly 50 percent at New.
Mortgage broker gets 10 years in prison for $7M fraud – An Albertville mortgage broker has been sentenced to more than 10 years in prison for his role in a $7.7 million fraud scheme, the U.S. Attorney’s Office said. john anthony spencer, 31, who worked at.
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Unregistered mortgage broker in hot water over $500 million in questionable home loans – B.C. regulator accuses unregistered mortgage broker in case that spans almost a decade with hundreds of files, some involving major lenders and documents altered to inflate income numbers. The.
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Mortgage Loan Rates Mixed, New Applications Down in Holiday Week – The Mortgage Bankers Association (MBA) released its weekly report on mortgage applications Wednesday morning, noting a decrease of 2.4% in the group’s seasonally adjusted composite index for the.
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