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Loan Modification
: Mortgage Lender Implode-o-Meter3 charged in foreclosure 'rescue' case
By Implode-Explode Heavy Industries
"The former manager of a mortgage company in Anaheim Hills is facing wire fraud conspiracy and tax evasion charges in connection with what authorities say was a foreclosure rescue scam.
Gregory Flores, who managed All Fund Mortgage branches in Anaheim Hills and Murietta, was arrested in Roswell, N.M. last week.
Also facing wire fraud charges charges in the case are Sheri Gale, who was a loan officer for All Fund, and Amy Hall, a former loan processor for the company. They have not been arrested but are expected to turn themselves in shortly, Assistant U.S. Attorney Sean Lokey says."
Full post as published by Mortgage Lender Implode-o-Meter on June 08, 2010 (boomark / email).
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