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Loan Modification

: Mortgage Lender Implode-o-Meter

Five plead guilty in federal court to $19 million bank fraud case in Oregon

By Implode-Explode Heavy Industries

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"Five defendants, including a mortgage broker, building inspector, and escrow officer, appeared before U.S. District Judge Michael R. Hogan and pled guilty to a variety of mortgage and loan fraud charges arising out of the collapse of Desert Sun Development (DSD), a company previously headquartered in Bend, Ore."

Full post as published by Mortgage Lender Implode-o-Meter on June 17, 2010 (boomark / email).

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