The scam resulted in more than 100 mortgages being approved due to false documents, according to the Justice Department.
The three real estate agents, based in the Atlanta area, and the other defendants all agreed to pay restitution.
Explore the transformative role of AI in mortgage origination, enhancing processing efficiency and security, while ensuring ethical deployment.
Estimated reading time: 0 minutes, 19 seconds
Eleven people, including three real estate agents, have pleaded guilty to a multi-year mortgage fraud scheme. So reports the Atlanta Agent.
The scam resulted in more than 100 mortgages being approved due to false documents, according to the Justice Department.
The three real estate agents, based in the Atlanta area, and the other defendants all agreed to pay restitution.