Low Rate Mortgage Fraud

mortgage fraud

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?

Rent Back
Categories : homeowner loan
Comments (3)
Aug
13

Who do I contact about mortgage fraud?

Posted by: | Comments (4)
mortgage fraud

I have seen on the news they had a crack down on mortgage fraud. Who would I contact about it.

Quick House Sale
Categories : homeowner loan
Comments (4)
mortgage fraud

basically Team McCann lied when they insisted weeks ago that the fund WOULD NOT be used for personal expenses and living costs

I am having to re post it as it seems the Pro McCanns could not produce an adequate answer, so they turned to reporting it.

Passive Income

Categories : homeowner loan
Comments (26)
mortgage fraud

mortgage fraud, its long term effects in the sub-prime markets and the subsequent prosecutions

Rent Back
Categories : homeowner loan
Comments (2)
Jun
12

mortgage fraud?

Posted by: | Comments (6)
mortgage fraud

i have recently obtained a house by fixing my income to be eligible for the mortgage.
i am in the middle of a courtcase which is up to the point i left my partner.can they investigate my affairs since i left him or would that be my buisness.

please proper advice, i needed the house so me and my daughter could have a roof over our head, as he kept all.
the mortgage is in my sole name… this is why i had to doctor my income.
I bought it after we split, as he kept all 5 houses.

Rent Back

Categories : homeowner loan
Comments (6)
mortgage fraud

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
Categories : homeowner loan
Comments (2)
mortgage fraud

In the actual Subprime mortgage crisis in the US huge amounts of mortgage frauds were discovered. What’s the part that these frauds played in the actual mortgage crisis ? Thanks.

Sell and Rent Back
Categories : homeowner loan
Comments (4)
mortgage fraud

on investment property?

Rent Back Fast
Categories : homeowner loan
Comments (2)
Dec
18

Is this a mortgage Fraud?

Posted by: | Comments (3)
mortgage fraud

I reside in FL, I purchased a house about a year ago in November, before I got the house I got an estimate on my taxes and it was used to create my good faith estimate.
During the closing, I noticed that my PMI has increased but the total payment for the mortgage was less than the good faith estimate, I asked my loan officer about that and she explained something about a lower percentage which led to higher PMI but my overall mortgage was about the same so I believed her.
A year later I discovered there was shortage in my escrow account by $2000 which increased my monthly payment by $200 because the taxes they used was less than the amount on my good faith estimate.
I confronted the lender, who sent me to the loan officer and they blamed the title agency, and the title agency said they entered the value given to them by the loan officer.
At this point, I don’t know if I should get an attorney or report this as a fraud. I really don’t know what to do to resolve this issue.

Quick House Sale
Categories : homeowner loan
Comments (3)
mortgage fraud

what would make the lenders suspect mortgage fraud

Repossession
Categories : homeowner loan
Comments (3)

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