Errol Andam, who oversaw Nike’s pop-up marketing venues, agreed to plead guilty to submitting a false mortgage application as well as wire fraud and money laundering.
Andam reportedly faces up to 37 months in prison.
This article discusses the implications of interest rate fluctuations on mortgage originators and suggests strategies for adapting, including diversifying loan pipelines and leveraging technology.
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A former Nike manager accused of defrauding the company of almost $1.5 million has pleaded guilty to charges that include bogus mortgage paperwork. So reports Portland Business Journal.
Errol Andam, who oversaw Nike’s pop-up marketing venues, agreed to plead guilty to submitting a false mortgage application as well as wire fraud and money laundering.
Andam reportedly faces up to 37 months in prison.