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Home Community Discussion BoardsIssuesGlobalizationNews Center – Springhill Group Home Loans Eight Linked to Fraudulent Mortgage Brokerage in Ventura County That Generated Millions in Sales Arrested in Federal Case

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dally rustan

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News Center – Springhill Group Home Loans Eight Linked to Fraudulent Mortgage Brokerage in Ventura County That Generated Millions in Sales Arrested in Federal Case
Aug 1, 2013

VENTURA, CA—Federal and local authorities this morning arrested eight individuals linked to a mortgage fraud scheme that filed loan applications on behalf of lower- income, primarily Spanish-speaking individuals, generating substantial loan fees and commissions, and causing lending institutions to suffer millions of dollars in losses when homes went into foreclosure.
http://springhillgrouphome.com/

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