Kimberly M. Davis, 43, Lee's Summit, Missouri, was sentenced by U.S. District Judge Dean Whipple to four years in federal prison without parole. The court also ordered Davis to pay $191,000 in restitution.
As previously reported by Mortgage Fraud Blog, Davis pleaded guilty to a federal indictment charging her with using the names, Social Security numbers and birth dates of three separate victims, without their permission, to purchase two homes in Lee's Summit, Missouri. Davis worked as a mortgage broker at firms in Liberty and Gladstone from November 2003 through January 2005.
Between November 19 and 25, 2003, Davis used a stolen identity to obtain a $317,894 loan from Countrywide Home Loans, Inc., for the purchase of a residence at 704 S.W. Winterstar Dr., Lee's Summit, Missouri.
Between July 2 and September 17, 2004, Davis used another stolen identity to obtain a $347,438 loan from Countrywide for the purchase of another residence at 2520 Wintercreek Dr., Lee's Summit, Missouri.
Between December 31, 2004, and January 7, 2005, Davis used a third stolen identity to obtain a $362,424 loan from Accredited Home Lenders, Inc., for the purchase of the second residence at 2520 Wintercreek Dr., Lee's Summit, Missouri, ostensibly by the third identity theft victim.
This case was prosecuted by Assistant U.S. Attorney Jess E. Michaelsen. It was investigated by the Federal Bureau of 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.