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Broker, loan officer plead guilty in mortgage-fraud case
A Severna Park mortgage broker pleaded guilty Friday in a mortgage fraud case that left lenders with more than $940,000 in losses, robbed homeowners of at least $1.2 million in home equity and pushed 16 homes into foreclosure, the Maryland U.S. attorney's office said.
By Jamie Smith Hopkins, The Baltimore Sun
October 7, 2011