Ohio Mortgage Broker Convicted Of Using I.D.s Of Recently Deceased To Get Loans

The Dayton Daily News reported last week:

• "Mark D. Musselman, the mortgage broker accused of using the identities of recently dead people to obtain fraudulent mortgages and steal more than $1 million, was convicted of 48 felony counts Friday following a three-week trial."
• "Musselman ran Phoenix Funding Inc., with offices in Vandalia and his Piqua home."
• "His former employee Mark Edwards pleaded guilty to 48 felony counts the week before the two were to go on trial. Edwards testified against his former employer."

The scam also involved forging appraisals, loan applications and other documents. The victimized lender was Interfirst Mortgage Lenders of Ann Arbor, Mich., owned by ABN AMRO Mortgage.

For more, see Man guilty of using identities of dead people.

.