According to court documents it is alleged that on or about August 15, 2006, Joel D. Surprenant devised a scheme to obtain a mortgage loan of approximately $425,000 from First Franklin Financial Corporation.
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Additional Materials

• Indictment
• Oregon DCBS Loan Originator records

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The indictment states that at this time Surprenant, was a residential mortgage loan broker and he prepared a uniform residential loan application (1003) for a mortgage to be obtained in his own name and on that application he knowingly falsified his financial qualifications. He then created false supporting documentation, including pay stubs, to support his employment and income details.

He is then alleged to have inflated the sales price of the residence in order to receive a kickback from the seller outside of the closing of the transaction.

Finally it is alleged that he knowingly identified an INNOCENT co-worker, Adam Durham, as the mortgage broker of record, and forged Adam Durham’s signature on the uniform residential loan application.

Oregon DCBS records show that Surprenant’s loan originators license is inactive and that between 11/08/2004 and 5/23/2007 he was employed by W. J Bradley Mortgage Capital Corp.