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« New Jersey AG announces three seperate mortgage fraud indictments | Main | Oregon loan officer indicted for falsifying five mortgage applications »
8:22AM

Another Oregon loan officer indicted in fraud allegations

An indictment filed in the Oregon District Court alleges that on or about February 16, 2007 Michael Duc Han devised a scheme to defraud First Franklin Financial Corporation. Han is said to have acted as a residential mortgage loan broker and he prepared a uniform residential loan application for a borrower named Joshua T. Kollar.
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Han is accused of knowing that he had supplied false supporting documentation, including bank statements, in support of false financial qualifications for the borrower. As a result the borrower obtained a mortgage loan in the approximate amount of $259,950. 

Oregon DCBS records show that Han’s originator status is shown as Inactive and at the time of these alleged offense he was employed by TTM Financial of Portland, OR.

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