(PORTLAND, OR) — Lee Howlett, a 46-year-old former broker at Portland, OR-based Taylor Made Mortgage, has been sentenced to 41 months in prison, to be followed by three years of supervised release, after he was found guilty in a $3.7 million loan application scam.
Kent S. Robinson Acting U.S. Attorney Kent S. Robinson said Howlett used $1.3 million of the $3.7 million for personal uses. Robinson says Howlett submitted 14 false loan applications purportedly to refinance or purchase seven properties during a 2½ -year period between 2003 and 2005.
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