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Loan Modification

: Mortgage Lender Implode-o-Meter

Ringleader of Va. mortgage fraud gets 5 years

By Implode-Explode Heavy Industries

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"If you want to understand what went wrong in the housing market, the case of Ruben Rojas is an important piece of the puzzle.

Rojas, 30, a real estate agent from Vienna Va., was sentenced to five years in prison Friday in U.S. District Court for his role as the ringleader in a massive mortgage fraud scheme that ran amok in the booming Washington-area real estate market four years ago."

Full post as published by Mortgage Lender Implode-o-Meter on May 07, 2010 (boomark / email).

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