Former Loan Officer Admits Mortgage Fraud

Allison Tussey —  December 30, 2010 — Leave a comment

Gloria Matlock, Dallas, Texas, a former loan officer for Supreme Lending, pled guilty to mail fraud in US District Court.

Matlock admitted that she and others created or submitted falsified loan documents to assist unqualified borrowers to obtain FHA-insured mortgages. HUD reported losses in the amount of approximately $130,000 after two loans defaulted.

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Allison Tussey

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