Taxi Cab Magnate Faces Charges
Indictment Available on Mortgage Fraud Blog:
Indictment of Michael Etemad and Christopher Stewart
Indicted:
Michael Etemad, Tomorrow’s Financing, Philadelphia, Pennsylvania
Christopher Stewart, Tomorrow’s Financing, Philadelphia, Pennsylvania
Scheme: The defendants are accused of submitting falsified documentation and inflated appraisals to Washington Mutual to obtain loans for unqualified borrowers.
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.