WICHITA - Four Wichita residents have pleaded guilty in a mortgage fraud scheme that cost lenders hundreds of thousands of dollars. The U.S. Attorney's Office in Wichita announced Tuesday that the four defendants admitted to conspiring with another man to make false statements in prepared loan applications. That allowed money to be transferred to buy homes in Wichita. KAKE-TV reports (http://bit.ly/17E5O4u ) the four are Christopher Ginyard; Henry Pearson Jr.; Janice Young and Henry Pearson Sr. In their pleas, the four admitted to conspiring with co-defendant Manjur Alam, who prepared the loan applications. Sentencing is set for Nov. 25. They each face a maximum penalty of 30 years in federal prison and a fine up to $1 million.