NOT CHARGED | FRAUDULENT SCHEMES/MORTGAGE FRAUD ($221,000) NOT CHARGED – State v. Mr. M. (DMC No. 11094) (Republic Mortgage Insurance Company Investigated): Mr. M. was accused of securing a loan for rental properties by submitting lease agreements from paying tenants. It was alleged that there were no paying tenants, and that he actually lived in several properties himself. Eventually, the real estate market crashed and he ended up selling both properties in a “short sale”. In order to attempt to recoup their losses against Countrywide Mortgage, the title insurance company began investigating Mr. M. We were able to interceded on Mr. M.’s behalf and ensure that no charges were brought against Mr. M. In addition, no civil suit was ever brought against him.
