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Loan Modification

: Flipping Frenzy

President of First Fidelity Mortgage Forging Signatures of Borrowers

By Ralph Roberts

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SHREVEPORT, LA?William Everett Nichols, 56, of Alexandria, La., President and sole shareholder of First Fidelity Mortgage, Inc., was sentenced to six years in federal prison and ordered to pay $3,903,071.00 in restitution for bank fraud, Acting United States Attorney William J. Flanagan announced today. Today?s sentence was imposed by U.S. District Court Judge Donald E. [...]

Full post as published by Flipping Frenzy on February 05, 2010 (boomark / email).

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