Mortgage fraud is a serious crime that can result in huge losses for victims and severe legal consequences for those who commit it. Mortgage Fraud 101 Mortgage fraud is the deliberate act of lying or omission of information by the mortgage underwriter or lender in order to fund, purchase, or insure a mortgage loan. Mortgage […]
Mortgage Fraud: What Is It, and What to Do If You’re Accused
June 28, 2023 by ·
Mortgage fraud is on the rise, up 40% since the pandemic, and the consequences of committing mortgage fraud are serious. Keep reading to find out what it is, and how you can avoid engaging in it. What Is Mortgage Fraud? Mortgage fraud is when someone deliberately lies or omits information on a mortgage application. According […]