Mortgage Fraud
While information about mortgage fraud seems to be everywhere it can still seem unclear as to what exactly mortgage fraud is.The mortgage industry divides mortgage fraud into two categories: fraud for housing and fraud for profit. What can you the consumer do to protect yourself from falling victim to mortgage fraud? What can banks and mortgage lenders do to protect themselves from falling victim to mortgage fraud? Learn more here about mortgage fraud and how to protect yourself.
Featured Mortgage Fraud Article
Real Estate Fraud: Real Estate Broker Takes The Home But Not The Mortgage
Added July 30, 2009 by Ilyce R. Glink
How do you know if you're the victim of a real estate fraud, a housing scam or mortgage fraud? A reader listed his house for sale with an investor who was also a Realtor. The investor/Realtor transferred ownership of the homeowner's property to himself using a quit claim deed, but left the homeowner on the hook for the mortgage. Is he the victim of a housing scam or mortgage fraud?
Read More: Real Estate Fraud: Real Estate Broker Takes The Home But Not The MortgageMortgage Fraud Videos
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