Mortgage company president charged with stealing $3 million from Ginnie Mae Posted on August 18, 2016 by admin in News The founder and president of a now-defunct mortgage company could spend 20 years or more in prison for allegedly diverting nearly $3 million away from Ginnie Mae and into secret bank accounts for his own personal use.
Mortgage Company President Sentenced for Defrauding Ginnie Mae Stephanie Abbott – April 24, 2019 – Leave a comment Robert Pena , 69, the president and founder of a Falmouth mortgage company was sentenced yesterday in connection with defrauding the Government National Mortgage Association (Ginnie Mae) out of approximately $2.5 million.
Net charge-offs for the year ended December 31, 2018 were $1.3 million. $565.0 million of the portfolio consisted of residential mortgage-backed securities issued or guaranteed by Fannie Mae,
The president and founder of the now-defunct mortgage company Mortgage Security has plead guilty to charges that he defrauded Ginnie Mae of about .5 million. robert pena pleaded guilty to one.
Mortgage Company President Charged with Defrauding Ginnie Mae. BOSTON – The president and founder of a Falmouth mortgage company was charged in U.S. District Court in Boston in connection with defrauding the Government National Mortgage Association (Ginnie Mae) out of nearly $3 million. Robert Pena, 67, the president and founder.
The founder and president of a now-defunct mortgage company could spend 20 years or more in prison. He allegedly diverted nearly $3 million away from Ginnie Mae and into secret bank accounts for.
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Paul Manafort, who served as President. twenty million dollars in loans by falsely inflating Manafort’s and his company’s income and by failing to disclose existing debt in order to qualify for the.
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