Christopher Gallo, once one of the nation’s top mortgage loan officers, has pleaded guilty to conspiracy to commit bank fraud in a federal court in New Jersey, according to court filings reviewed by HousingWire.

Gallo entered the guilty plea to count one of the indictment — conspiracy to commit bank fraud — on Wednesday in the U.S. District Court for the District of New Jersey, withdrawing an earlier plea of not guilty. He remains free on bail and is scheduled to be sentenced Dec. 3. His former assistant, Mehmet A. Elmas, has a plea hearing set for Aug. 20. 

The U.S. Department details ⇒