Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million

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Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million Financial institution/mortgage fraud news – FBI – financial institution/mortgage fraud news. mortgage company president sentenced for Defrauding Ginnie Mae.. New Jersey, received 144 months in prison for defrauding banks out of $1.1 million.

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Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of .5 million The founder and president of a defunct Massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of approximately $2.5 million.

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Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million . Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million . The founder and president of a defunct Massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of approximately $2.5 million.

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The president and founder of a Falmouth mortgage company was sentenced in federal court in Boston in connection with defrauding Ginnie Mae out of $2.5 million. Read on for more details.

The founder and president of a defunct Massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of approximately $2.5 million. robert pena pleaded guilty in 2017 to one count of conspiracy and six counts of wire fraud. Pena was the founder and president of Mortgage Security Inc., a shuttered mortgage.

SPEED: Fannie Mae will directly approve short sales That was the year Congress passed the Safety and Soundness act covering fannie. mae really up to the assigned task, which would likely quadruple its issuances? How much time and money will have to.