Two mortgage fraud fugitives have been arrested: Angel Armendariz, 27, and Rafael Santiago, 39. The arrests took place in San Diego and Los Angeles, California. Both fugitives were arrested pursuant to a federal arrest warrant involving federal fraud charges.
The first arrest occurred at approximately 8:30 a.m., on June 24, 2008, at the San Diego FBI Office located at 9797 Aero Drive, San Diego. At the time of the arrest, Angel Armendariz, self surrendered to FBI Agents. Armendariz was accompanied by his attorney at the time of his arrest.
Armendariz was fingerprinted and photographed at the offices of the FBI and then transported to the Metropolitan Correctional Center (MCC), 808 Union Street, San Diego, California. Armendariz will remain at MCC pending his appearance before a U.S. Magistrate Judge.
On this same date at approximately 1:30 p.m., FBI Agents arrested Rafael Santiago in the 11400 block of Sunset Boulevard, Los Angeles, California. Santiago was arrested without incident after the FBI received information from the public concerning Santiago's location.
Santiago is expected to be booked into the Metropolitan Detention Center (MDC), 535 N. Alameda Street, Los Angeles, California. Santiago will remain at MDC pending his appearance before a U.S. Magistrate Judge.
The FBI appreciates the public's cooperation in this investigation to date. The FBI is still asking the public's help to locate Lucette Montane, the last fugitive in this investigation.


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.