Ryan Keith Miller of Lee's Summit, Mo., has pleaded guilty to mortgage fraud charges in U.S. District Court in Kansas City. Kansas. . According to Lanny Welch, U.S. attorney for the District of Kansas, Miller admitted to conspiring with others to fraudulently obtain mortgage loans on properties in Kansas and Missouri by submitting fraudulent loan applications and property appraisals to lenders to obtain money and then transferred the proceeds to bank accounts they controlled for their own use. Sentencing is set for Sept. 14.
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National Mortgage News is now accepting nominations for its annual Best Mortgage Companies to Work For program.
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The new 47-page filing abandons the Racketeer Influenced and Corrupt Organizations Act allegations brought up in the previous 100-plus-page document.
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The company is the third mortgage lender in recent months to start or reestablish its business sourcing loans from brokers, with one potential entrant to come.
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The ex-CEO began a formal solicitation of shareholders after blaming his initial claims of majority support on information provided by in-house counsel.
7h ago -
As tech facilities push into lower income and rural housing markets, lenders navigate local growth without major impacts on home sales price trends.
9h ago -
Certainty Home Lending named two new executives, while Equity Prime Mortgage welcomed back a familiar face as chief risk officer.
August 19








