HUD Penalizes Four for Reverse Mortgage Fraud

admin —  April 17, 2012 — Leave a comment

Marcos Echevarria, Louis Gendason, John Incandela and Kimberly Mackey pled guilty to charges of conspiracy to commit wire fraud for their part in a $2.5 million nationwide reverse mortgage scam. All four individuals are currently serving prison terms. HUD Bans Four Following $2.5 Million Reverse Mortgage Fraud Scheme Reverse Mortgage Dailyall 4 news articles »

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Source: National Mortgage Professional Magazine

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