A trio of senior executives at a New York mortgage banking firm have been arrested for allegedly defrauding warehouse lenders.

Matthew T. Voss, 42, was chief operating officer of Vanguard Funding LLC during the period from August 2016 through March 2017.

Also on the senior management team of the Long Island lender during that time were chief financial officer Edward J. Sypher Jr., 40, and president of sales Edward E. Bohm, 39.

Source: Mortgage Daily