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Three suspected of mortgage fraud

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Posted: Friday, December 2, 2011 12:00 am

Three top officers of a Stockton real estate company were arrested Thursday on suspicion of taking thousands of dollars in up-front loan modification fees and making false promises to lower the mortgage payments of struggling Central Valley homeowners, according to a news release from California Attorney General Kamala D. Harris.

Magdalena Salas, 42, Angelina Mireles, 42, and Julissa Garcia, 36, all from Stockton, were arrested on 13 felony and two misdemeanor counts, including conspiracy, grand theft and false advertising, Harris said. They are being held at the San Joaquin County Jail in French Camp on $100,000 bail.

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