D'Clarence Reynolds, 27, Detroit, Michigan, has been charged with three mortgage fraud based felonies. Specifically, Reynolds is charged with forgery, false pretenses, uttering and publishing. According to media reports, Reynolds was dismissed from his position as a law enforcement officer with the Detroit Police Department in 2006. Reynolds applied for a $80,000 mortgage indicating that he continued to be employed as a police officer.
In order to prove his employment, Reynolds signed the name of Wayne County Clerk Cathy Garrett. Garrett was notified after signature inconsistencies were noted in the loan file. Garrett reported that she did not know Reynolds and had not signed such a form evidencing employment.
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.