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 […]
What Is Mortgage Fraud?
December 10, 2020 by ·
In periods of economic strife, certain white collar crimes associated with bank fraud, such as mortgage fraud, tend to see an increase in occurrence. The economic crisis of 2008 and the one we’re experiencing today are just such periods, and with those periods of increased criminal activity come increased attention from federal and state prosecutors, […]
How Helping Can Hurt
February 26, 2016 by ·
Buying a new home is a big step for anyone. Part of the American Dream tends to be described as owning your own home in the suburbs. But with housing prices high and a required 5 percent down to purchase a home with a conventional loan, many individuals look to their families for money to […]
