The last in a group of Southern California mortgage fraud defendants has been convicted in federal court, officials said.

The Orange County (Calif.) Register reported Tuesday that the fourth of four defendants was convicted of conspiracy, wire fraud and money laundering for collecting more than $1 million in fraudulent loans to purchase two properties that weren't for sale.

The newspaper said Lisa Lievanos, 45, faces up to 60 years in federal prison. She is scheduled to be sentenced July 13.

The other defendants in the case are Terral Toole, 41, of Irvine, Miles Davis, 46, of Glendale and Angela Cotton, 39, of Fontana.

The newspaper said Cotton ran a bogus title company and used straw buyers to take out loans on encumbered properties in Rancho Cucamonga that weren't really for sale. Cotton established fraudulent escrow companies to close the deals, authorities said.