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Real Estate & Property Law

: Housing Wire

Former Mortgage Exec Sentenced for Wire Fraud

By PAUL JACKSON

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Signaling that the U.S. Department of Justice is stepping up its investigation into mortgage fraud, the DOJ on Thursday afternoon said that Leib Pinter, 64, a former executive of Olympia Mortgage Corp., was sentenced today to 97 months in prison for orchestrating a scheme to defraud Fannie Mae (FNM: 0.97 +21.25%) in connection with loans [...]

Full post as published by Housing Wire on March 19, 2009 (boomark / email).

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