Ex-Mortgage Banker Gets 12.5 Years Over $30M Scheme

By Cara Salvatore (March 24, 2017, 5:50 PM EDT) -- The former head of a mortgage lending bank was sentenced Friday by a New York federal judge to 150 months in prison in connection with a $30 million scheme to rip off lenders by lying about property values, according to the U.S. Department of Justice....

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