Feds charge 12 in scheme to defraud home builder, mortgage lenders in 100+ loans

Of the more than 100 residential property transactions that are the result of the scheme, at least 50 have gone through loss mitigation, sought loan modifications and/or were in delinquent status, the feds say.

Of the more than 100 residential property transactions that are the result of the scheme, at least 50 have gone through loss mitigation, sought loan modifications and/or were in delinquent status, the feds say.

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