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Loan Modification

: Mortgage Lender Implode-o-Meter

Four charged in Phila.-area mortgage fraud scheme

By Implode-Explode Heavy Industries

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"Federal prosecutors in Philadelphia unsealed a criminal indictment and filed a civil complaint Tuesday against a local mortgage broker, three of his colleagues and his two Philadelphia real estate companies, accusing them of committing a mortgage fraud scheme involving more than $30 million dollars in loans."

Full post as published by Mortgage Lender Implode-o-Meter on December 14, 2010 (boomark / email).

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