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Loan Modification

: Loan Modification & Home Loan News

Florida Mortgage Broker Convicted of Mortgage Fraud Gets 6 Year Prison Sentence

By Moe Bedard

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Ramon Cendana, 48, of Orlando was sentenced to more than six years in federal prison Wednesday for his role in a mortgage fraud scheme, prosecutors said. Cendana also was ordered to pay more than $240,000 in restitution. He pleaded guilty in January to operating what amounted to a Ponzi scheme. Court records show Cendana owned a title company, [...]

Full post as published by Loan Modification & Home Loan News on April 29, 2010 (boomark / email).

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