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Real Estate & Property Law

: The Home Equity Theft Reporter

Virginia Accountant Charged In Alleged Mortgage Scam; Accused Of Creating Letters Containing Bogus Info To Assist Straw Buyers Obtain Home Loans

By r morris

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In Northern Virginia, The Washington Examiner reports:Federal authorities have accused a Virginia accountant of writing false letters verifying the incomes of homebuyers who were caught in a mortgage fraud scheme that caused banks to lose about $3 million when their homes went into foreclosure. Maria E. Conrad would receive up to $400 each from loan officers at E-Star Lending for the letters she

Full post as published by The Home Equity Theft Reporter on June 23, 2009 (boomark / email).

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