Former Delta Homes & Lending Inc. Employees Sentenced for Mortgage Fraud Scheme

February 12, 2020

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Mortgage Fraud Blog--Rachel Dollar

Two former employees of Delta Homes and Lending Inc., California, have been sentenced to two years in prison for submitting fraudulent mortgage loan applications and supporting documents, which falsely represented the borrowers’ assets and income, liabilities and debts, employment status, citizenship status, and intent to occupy the property, as well as providing money to the borrowers in order to inflate their bank account balances.

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