Former Mortgage Lender Sentenced For Fraud
Edward E. Bohm of Long Island-based Vanguard Funding, sentenced to two years in prison, plus restitution.
Edward E. Bohm of Long Island-based Vanguard Funding, sentenced to two years in prison, plus restitution.
Along with two real estate agents, MLO submitted false info for 30 properties.
Former loan processor will receive $228K for whistleblower role.
Credit washing is a growing problem for lenders
California duo allegedly used credit repair business to obtain fraudulent mortgages.