Three Missouri men plead guilty in connection with a mortgage fraud scheme involving loans of over $6.3M whereby they obtained loans for property ‘investors’ based on falsified information and documentation. Pleading guilty were:
Jonathan Jennings, 33, Lee's Summit, Missouri
Nathan Brinkle, 30, Kansas City, Missouri
Adam Kerr, 34, mortgage broker, Kansas City, Missouri
Brighter Homes East and JB Renovations, run by Jennings and Brinkle, purchased, rehabilitated and sold distressed properties to investors. Kerr, dba Platinum Mortgage II and later, Pearl Mortgage, brokered loans to the investors. The three men admitted that in obtaining loans for the 'investors, they provided false information on 94 loan applications, including false installment payment information, HUD-1’s, contracts for deeds, closing funds, etc.


Rachel Dollar, the editor of Mortgage Fraud Blog is an attorney and Certified Mortgage Banker who handles litigation for lending institutions and secondary market investors.