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Loan Modification

: Loan Modification & Home Loan News

Two men sent to prison for short sale scams

By Moe Bedard

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Federal prosecutors have said Nanan was part of a short-sale scheme with fellow Taylor, Bean & Whitaker employee Victor Cedeno. Nanan and Cedeno worked with real-estate agents, homebuyers, lenders and title agents during sales financed by Taylor, Bean & Whitaker. Nanan negotiated and approved short sales of foreclosed homes with mortgages for about 90 percent of the [...]

Full post as published by Loan Modification & Home Loan News on March 18, 2010 (boomark / email).

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