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Loan Modification

: Loan Modification & Home Loan News

FBI arrest New Jersey cop for mortgage fraud

By Moe Bedard

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A Jersey City police officer was arrested yesterday by the FBI and charged in federal court with mortgage fraud for lying to a bank to secure a roughly $530,000 loan, authorities said. Brian Ragauckas, 36, of Secaucus, falsely claimed he was a first-time home buyer in 2008 when he applied for a loan from Countrywide Bank [...]

Full post as published by Loan Modification & Home Loan News on March 11, 2010 (boomark / email).

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