Low Rate Mortgage Fraud
Aug
19
Is it mortgage fraud?
Posted by: | Comments
I knew someone with a $300k house, $275k mortgage….not yet in trouble with mortgage. He goes out to buy an investment property..rents it out for a few months….starts to default on his OWN mortgage….moves to the investment home…and bank forecloses on his first home. His mortgage was wiped clean…..and he’s living comfortably in “investment” home..less a lower mortgage payment.
Is that fair?
Rent Back
Jul
31
mortgage fraud, un lic loan officer and appraisal validity?
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If an unlic loan officer requested an appraisel is it still a valid appraisal.
Does anyone no where I can find this info online?
this unlic loan officer has a ceist and desist order to not practice in the state of georgia
Real Estate Professionals
Jul
01
How can I find information on the men and companies that commit mortgage fraud ?
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My home was taken from me by mortgage fraud, I can not afford an attorney. I have legal aid. They have now given me two attorney’s. They have informed me , I definently have been scammed. But because it is so detailed and so much involved , Because they are a free service only so much time can be invested into my case. If I can help by finding information out about these preditors , It will help me . as of now I’m basically screwed unless I can see if they have done this before. I do I search online for information on who has commited mortgage fraud. I’ve tried FBI files and many others please help me stop them from doing this to another family with children. They took advantage of me at my low time.
Sell House Quick
Jun
01
Is there any way of recieving a “finders fee” or compensation for mortgage fraud tips?
Posted by: | Comments
I’ve come across a heafty amount of information regarding mortgage fraud. I don’t want to throw anyone under the bus, but, there are a few jerks that I wouldn’t mind being compensated for extending their fraudulent practices over to the right people.
Repossession
May
23
Looking for an organization that deals with victims of mortgage/appraisal fraud?
Posted by: | Comments
This took place in Florida and the property was fraudently appraised higher to sell and later was found out but the lender does not want to back up the buyer. With the exception of having to pay big bucks to an attorney to sue, wanted to check for any organization that may deal with this type of illegal fraudulent act.
Repossession
Apr
08
what were the management decisions involved in mortgage fraud?
Posted by: | Comments
mortgage fraud, its long term effects in the sub-prime markets and the subsequent prosecutions
Rent Back
Dec
26
what makes lenders report suspected mortgage fraud?
Posted by: | Comments
Dec
25
The title company was closed due to fraudulent transactions. What happened was the title company did not payoff the old mortgage. So, my friend now has 2 outstanding mortgages instead of one. The Insurer of the title company said they have limited access to the title company’s files thus delaying the process. Meanwhile, my friend has submitted all the closing documents to the Insurer of the title company but still they did not honor that and they did not pay yet the old mortgage company. My friend now is paying 2 mortgages. Instead of expecting a lower monthly payments, he is now paying double the amount of his original mortgage monthly payments. Any help please?
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Dec
20
what is the penalty In illinois for blatant mortgage fraud by a bank?
Posted by: | Comments
Occupancy Mortgage fraud question?
Posted by: admin | Comments (5)Okay I did a google search and found out that occupancy fraud is the number one mortgage fraud according to a study they did. Now what are the chances of getting caught? I think they are slim although I know you might say “I wouldn’t risk it”. I am 20 yrs old i bought a duplex and it’s too expensive to live there so I just rent it out. If they were do find out how would they find out? Bills are on someone else’s name, no mail goes there, all the mortgage mail goes to my e-mail no paper. I don’t want to hear how dumb I am on the fraud or whatever, it’s just not an option. How can they possibly find out? What are the chances? If you really want comments/suggestions are welcome. Thank You in advance =)
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