Industry News

Mortgage fraud involving 83 Indianapolis homes alleged

Michigan lender signed off on $4 million in loans
Published on Oct 27, 2006

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by CareyBot

Fraudulent appraisals and false loan applications were used to obtain more than $4 million in loans in a mortgage fraud scheme involving 83 homes in low-income neighborhoods of Indianapolis, prosecutors allege. An Indianapolis man, John Wagner, was charged Thursday for ...

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