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Loan Modification

: Loan Modification & Home Loan News

Police officer in court for mortgage fraud plea deal

By Moe Bedard

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The agreements detail how the five men submitted fraudulent loans for homes with inflated values, then pocket the extra money from the banks through wire transfers. Both Reese and Petrovich could face up to 30 years in prison. “He’s been an outstanding officer on behalf of Cape Coral for the last 11 years. He’s been injured in [...]

Full post as published by Loan Modification & Home Loan News on April 01, 2010 (boomark / email).

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