View Mobile Site

Ask the Expert

Signal Photos


OC Fannie Mae worker charged with fraud

Posted: June 19, 2013 10:08 a.m.
Updated: June 19, 2013 10:08 a.m.

IRVINE, Calif. (AP) — An Orange County employee of mortgage giant Fannie Mae has pleaded not guilty to charges that he demanded kickbacks to provide listings of repossessed homes to a real estate broker.

The Orange County Register ( says Armando Granillo has pleaded not guilty to federal counts of wire fraud. He's free on $5,000 bail pending an August trial.

Granillo worked in Fannie Mae's foreclosure sales office in Irvine. The 44-year-old Huntington Beach man was arrested in March.

Federal prosecutors say Granillo was recorded demanding kickbacks from an Arizona real estate broker.

Last month, a Fannie Mae worker filed a lawsuit claiming she was fired for complaining that her Irvine co-workers demanded kickbacks.

A Fannie Mae spokesman, Andrew Wilson, declined to comment on the case but says the organization doesn't tolerate fraud.


Information from: The Orange County Register,

Copyright 2013 The Associated Press.


Most Popular Articles

There are no articles at this time.
Commenting not available.
Commenting is not available.


Powered By
Morris Technology
Please wait ...