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Prison for Former BofA Short Sale Employee

Mortgage Daily

Published On: July 22, 2014

Prison for Former BofA Short Sale Employee

Took bribes and caused losses

July 22, 2014

By E. SCOTT RECKARD Los Angeles Times – McClatchy-Tribune Information Services

A former Bank of America Corp. mortgage employee was sentenced to 30 months in prison for pocketing $1.2 million in payoffs to approve sales of distressed properties for far less than their actual value.

This wire news service story is no longer available.

However a copy might still be available at www.latimes.com

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