Exploring recent trends in digital originations for mortgage lenders, highlighting the role of fintech and AI in reshaping the lending process.
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Authorities have arrested a man accused of scamming investors out of $525,000 in a mortgage fraud scheme. So reports the Daily Voice.
Gerrmaioud Chape of Rochelle Park, N.J., provided victims with phony documents to support claims that he had a stake in properties that he actually didn’t own, according to local county prosecutors.
Chape faces charges of theft by deception, theft and forgery.
