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Former President of First Mortgage Co. Pleads Guilty to False Statements to a Financial Institution

Ronald J. Mccord, 70, Oklahoma City, Oklahoma pleaded guilty yesterday to defrauding two locally-based banks, Fannie Mae, and others through a broad range of fraudulent conduct over the course of three years. McCord was the Chairman and founder of First Mortgage Company, LLC (“FMC”), an Oklahoma City, Oklahoma based mortgage lending and loan servicing company. […]



This post first appeared on Mortgage Fraud, please read the originial post: here

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Former President of First Mortgage Co. Pleads Guilty to False Statements to a Financial Institution

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