Wednesday, August 15, 2007

Ex K.C. Councilwoman Testifies In Her Own Defense In Mortgage Fraud Trial

(revised 8-15-07 - 7:06 pm; 8-16-07)
In Missouri, The Kansas City Star reports:
  • "Former Kansas City Councilwoman Saundra McFadden-Weaver testified today that she never knowingly misrepresented information on loan documents she signed in 2005. McFadden-Weaver, on trial for mortgage fraud, said she never read the documents and “absolutely, completely” depended on the assurances of mortgage broker Ricky L. Hamilton that the deal was proper. [...] McFadden-Weaver was indicted on mortgage fraud charges in January and is accused of falsely stating in mortgage papers that she planned to live in a Lee’s Summit home."

For more, see McFadden-Weaver: ‘I never intended to defraud anybody’

For other recent articles & posts on this mortgage fraud case, see: