Minneapolis-Area Mortgage Broker Facing Eight More Charges

In Hennepin County, Minnesota, the Minneapolis Star Tribune reports:

• A mortgage broker already charged by Hennepin County as part of an alleged mortgage fraud ring now faces eight additional theft charges for earlier home loans. The county charged Donald L. Walthall of Anoka with eight counts of theft by swindle for mortgage transactions for eight homes bought from eight lenders in 2005. Seven of the properties were in Minneapolis, and the other was in St. Paul. [...] Walthall was president of Universal Mortgage Inc., of Brooklyn Park, and also did business as Superior Mortgage Inc., the county said.

For more, see Mortgage broker faces eight more charges.

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