Darin Lee McAllister, 44, of Brentwood, faces a total of 19 counts, including wire fraud and bank fraud, according to a news release from the US Attorney’s office in East Tennessee. The news release said McAllister will be allowed to turn himself in to federal authorities. He is accused of creating a wire fraud scheme to rip off a mortgage company. By lying about his profession and income, his federal indictment said, McAllister was able to get financing to buy rental properties worth $1.25m in 2006.
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HousingWire on Tuesday announced the launch of the HousingWire Mortgage Rankings, a new performance intelligence product designed to provide a clear, data-driven view of mortgage origination activity across the U.S. The rankings benchmark mortgage originators based on observed production, offering a standardized view of performance across geographies, loan types and channels. Historically, the mortgage industry has lacked […]