Another Oregon loan officer indicted in fraud allegations
Tuesday, June 30, 2009 at 8:22AM 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.
__________________________________________________________________________________
Additional Materials
___________________________________________________________________________________
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.


