Loss Mitigation Services LLC principals Gabriel T. Tavarez, 39, and Jaime L. Mulvihill, 40, are both charged with conspiracy to commit wire fraud. Tavarez is also accused of aggravated identity theft, U.S. Attorney Andrew Lelling said in a statement.

The pair allegedly made about 90 fraudulent short sale deals, defrauding the Federal National Mortgage Association, the Federal Home Loan Mortgage Corp. and the U.S. Department of Housing and Urban Development.

Read the full article from the North Andover (Mass.) Eagle Tribune.