Lower mortgage interest rates and rising refinance share led to an 11.4% annual decrease in the risk of fraud in mortgage.
The information and notices contained on The California Real Estate Fraud Report are intended to summarize recent developments in real estate fraud, mortgage fraud, short sale fraud, REO fraud, appraisal fraud, loan modification scams, loan modification fraud and other real estate related crimes occurring in Los Angeles and California.
Mike Roberts of Mortgage Warehouse Wins the 2015 Five Star Mortgage Pr A prestigious award. The Five Star mortgage professional award program has been recognizing and promoting outstanding mortgage professionals for over six years. Five Star Professional conducts market research to identify excellent service professionals in over 45 markets across the U.S.
Mortgage Fraud Lawyer Describes the Charges You May face legal definition. mortgage fraud is a non-violent, white collar criminal offense perpetrated against or by a bank, lienholder, or other financial institution. Mortgage fraud can involve the use of fraudulent means to obtain or secure a mortgage loan that is larger than your financial situation can honestly afford.
Mortgage fraud occurs when a potential homebuyer, seller, or lender lies or omits key information that leads to a mortgage loan approval or terms that the applicant wouldn’t normally qualify to receive.
May I introduce you to the Department for Digital, Media, Culture and Sport’s open consultation/call for evidence on Digital.
Getting a home loan is sometimes complicated. That is why mortgages are so attractive to would-be scammers. Learn how to spot and avoid different types of mortgage scams. Mortgage-Related Complaints If you have a mortgage-related complaint or think you have been the subject of one of the mortgage scams below, you have several ways of reporting your experience:
Suspected Mortgage Fraud News Releases. Third Quarter Reports of Mortgage Fraud Up Slightly (01/06/2011) HTML | PDF Mortgage Fraud Suspicious Activity Reports Rise (12/14/2010) HTML | PDF Department of Justice/FBI Los Angeles Field Office News Release: Financial Fraud Enforcement Task Force holds mortgage fraud Summit in Los Angeles (9/30/2010) HTML Only
Burglar caught on camera targeting multiple homes in Davie neighborhood New 689 area code Takes Affect In Florida TuesdayFlorida is getting some new digits.With the 407 area code running out of numbers, a new 689 area code will begin Tuesday in parts of Central Florida.
Here’s what you need to know about today’s historic UK Supreme Court ruling: – Tuesday 24th September 2019 01:05 PM Twitter.
Mortgage fraud is rising, with criminals devising new schemes to separate people from their money. A difficult economy has placed many people in dire straits with their mortgages. People who are trying to avoid losing their homes often become desperate, causing them to explore creative financing options. Fraud may hide within many of these creative options.