Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million

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MassHousing Program Update with Shawna Downs: Decrease in Debt-To-Income Ratio Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of .5 million The founder and president of a defunct Massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of approximately $2.5 million.

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Mortgage Company President Pleads Guilty to Defrauding Ginnie Mae Rachel Dollar – October 16, 2017 – Leave a comment Robert Pena , 68, Falmouth, Massachusetts, pled guilty in federal court in Boston in connection with defrauding the Government National Mortgage Association (Ginnie Mae) out of approximately $2.5 million.

Massachusetts mortgage company founder jailed for defrauding Ginnie Mae out of $2.5 million HousingWire The founder and president of a defunct Massachusetts mortgage company will spend nearly three years in prison after admitting to defrauding Ginnie Mae out of.

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