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by CareyBot

A Kansas City, Kan., real estate agent and loan processor pled guilty to a conspiracy to sell homes to illegal aliens using a Federal Home Administration loan program, Kansas U.S. Attorney Eric Melgren said Tuesday. Carlos Ruano Cruz of Kansas City, Kan., and Mary Rachel Olivarez of Shawnee entered pleas Monday to one count each of conspiracy to defraud the loan program, Melgren said in a statement. Cruz was a real estate agent and Olivarez was the manager of American Home Loans in Shawnee, Kan., according to Melgren. In their plea, the two admitted that prior to April 5, 2000, Cruz told Olivarez he had undocumented aliens with bad Social Security numbers who wanted to purchase houses but needed loans, Melgren said. According to Melgren, Olivarez told Cruz to try to obtain an FHA l...