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House Arrest for Mortgage Broker
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November 17, 2008
A former mortgage broker who pleaded guilty to bank fraud has been sentenced to a year’s house arrest and five years probation. He was also ordered to pay $214,000 in restitution after submitting fraudulent documents in order to obtain a $367,500 mortgage loan.
Shawn Brennan, 41, was a mortgage broker for Market Yard Mortgage in Freehold, N.J. He admitted to falsifying employment and income information for two separate loan applicants.
Read story at Asbury Park Press
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