Essex County, N.J. prosecutors said that the scam was countywide and included racketeering, theft, tampering with records and money laundering.
Four of the defendants allegedly defrauded mortgage lenders out of more than $1.8 million.
-
Mortgage Rates on the Rise: How Originators Can Adapt
An insightful article discussing how mortgage originators can adapt to the rising interest rates by embracing strategic customer relations and technology integration.
Estimated reading time: 0 minutes, 24 seconds
Ten Indicted for Mortgage Scam Against Program for Homeless
Prosecutors have indicted 10 people on charges involving a mortgage fraud scheme that allegedly abused a New York City program that prepaid landlords one year of rent to relocate families from homeless shelters. So reports Essex News Daily.
MOST READ STORIES
Fast,Easy & Free
