Kansas-based Myers National Mortgage Company, also doing business as National Mortgage Company of Nebraska (National), was issued an Order of Denial for a mortgage banker license application by the Nebraska Department of Banking and Finance (NDBF) on Feb. 15, 2006.
National submitted an incomplete, unsigned application in November 2005. It was notified of the deficiencies and quickly resubmitted. The second application listed a single individual, Randy Kent, as director and president. An application question concerning convictions for anything other than minor traffic violations was answered “No.”
During evaluation of the application it was discovered that there was a pending indictment in U.S. District Court for Kansas against Adam Taff and John D. Myers. According to the indictment, Taff was an employee of National and Myers was the founder and chairman during the time of the alleged criminal activity. Myers and Taff were charged with wire fraud and Taff was charged with crimes connected to a conversion of campaign committee funds from his unsuccessful Kansas Congressional Campaign in 2004.
The NDBF application contained no reference to Myers, yet, National submitted an Application for Certificate of Authority to Transact Business with the Nebraska Secretary of State listing Kent as president and both Kent and Myers as directors. National made different representations to both NDBF and the Nebraska Secretary of State.


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.