Ex-mortgage loan officer to do heavy time for fraud

Six convicted in case that cost banks more than $5 million

Inman News

A federal judge has sentenced a former mortgage loan officer convicted of organizing a Washington, D.C., house-flipping scheme involving mortgage fraud to more than 24 years in prison.

In sentencing Charles E. Hall Sr. to serve 293 months in prison and to pay restitution of $5.04 million, Judge Sterling Johnson called the former loan officer "a predator" whom the community must be protected from.

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