Nicole Lyder, Broker / CEO of EverythingMaybe she can become CEO of the County Jail.
Oh, Nicole, you are sooo naughty. What have you got yourself into now (4/3/08)?
2008-04-03: Mortgage broker charged with using false documents
A Boston mortgage broker was charged yesterday with using forged bank statements and tax returns and other false documents to help unqualified home buyers secure subprime loans.
Nicole Lyder, whose loan practices were the subject of a Boston Sunday Globe story in January, was arrested Tuesday at a Norwood hotel by local police after the hotel manager suspected she was using a stolen charge card.
Norwood police arrested her on two felony charges, for identity theft for using someone else's credit card to reserve the hotel room and for possession of an illegal substance, said Paul Bishop, a police department spokesman. Yesterday, Norwood police transferred her to state custody to face the mortgage charges.
The state also charged Lyder with fraudulently obtaining a car loan to buy herself a $44,000 Land Rover.
The 33-year-old Lyder pleaded not guilty. She is being held in the Suffolk County jail in Boston in lieu of $500,000 bail.
Her two children, who were with her at the time of her arrest in Norwood, are being cared for by relatives, Waterfall said.
2008-01-20: Broker's clients detail web of dashed dreams
When Marcia Neilson couldn't qualify for a home loan in early 2006 because of poor credit, her mortgage broker, Nicole Lyder, had an unusual solution: Add Neilson's daughter to the loan application.
Fake documents, a phantom borrower, and other irregularities were common features of five subprime mortgages brokered by Lyder between November 2005 and June 2006 that were examined by the Boston Globe. Lyder's clients ranged from the barely employed to struggling working-class couples; one had just left a homeless shelter and two others gave up government-subsidized housing to buy homes. They said Lyder arranged loans that they later re alized had monthly payments that far exceeded their means. All five loans are now in foreclosure.
Nicole's Myspace
3 comments:
The Boston Globe published a followup today:
Mortgage broker charged with using false documents: Woman jailed after being found in Norwood hotel
They ran the same photo that you have in this blog entry. They did not credit the photo. I'm curious where you both got it from....
Ron,
I believe the picture was from the original story I posted, or it must have come from another article at that time. It looks like a mug shot.
THE TIME YOU TOOK TO MAKE A DEHUMANIZING STATEMENT LIKE THAT, YOU COULD HAVE LEARNED TO SPELL YOUR WORDS. WHAT SHE DID WAS WRONG BUT THAT HAS NOTHING TO DO WITH HER BEING BLACK. WRONG IS WRONG AND CAN BE DONE IN BOTH COLORS, DONT BE SO SHALLOW
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