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Daily Real Estate News  |  July 7, 2011  |   Agent Fakes Loan Docs to Get Buyers Better Loans
A Fort Worth, Texas, real estate professional pleaded guilty to forging paycheck stubs and rental and employment histories so that her buyers could qualify for HUD loans that they otherwise would not have been eligible for.

Toshia Ramsey, 41, could face up to five years in prison.

Federal prosecutors accuse Ramsey of working with other loan officers between December 2002 and June 2003 to falsify employment histories, pay stubs, and verifications of rent so that her buyers could qualify for Federal Housing Administration loans.

Source: “Fort Worth Real Estate Agent Faked Loan Documents,” Star-Telegram (July 6, 2011)





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