The feds busted a $58 million mortgage scam involving more than 100 home loans in New York, Westchester, Long Island and upstate, officials said Thursday.

More than a dozen loan officers, lawyers and the head of a brokerage firm were arrested on charges of defrauding banks with sham deals using bogus applications and straw buyers, prosecutors said.

A five-count indictment names Gerard Canino, 50, of Merrick, L.I., as the ringleader who used his firm, First Class Equities.

An indictment filed in Manhattan Federal Court said the� loans were worth more than $58 million.

A total of 14 faces more than 30 years in prison for of conspiracy to commit bank and wire fraud, bank fraud and other charges.

(Source: NY Daily News)