Month: November 2013

4 Clients We Can Help

Posted randoPosted in Mortgage Broker Compliance, Mortgage Fraud Expert Witness, New Guidelines, Tips and Tricks

Mortgage borrowing is a complex procedure and the process is susceptible to mortgage fraud for a variety of reasons. Mortgage fraud can significantly damage all those involved in the process including the lenders, borrowers, mortgage brokers, loan officers, appraisers, credit repositories and attorneys. Regulators are swamped with investigations of mortgage fraud dating back as much […]

What is a Stated Loan and How Is Fraud Dangerous

Posted randoLeave a commentPosted in Mortgage Broker Compliance, Mortgage Fraud Expert Witness

If you have ever originated a stated loan as a loan officer or a mortgage broker, you stand at a huge personal and professional risk. Even if you are innocent and the mortgage fraud was not your intent you run the risk of prosecution and significant prison time. Moreover, you may have to pay millions of dollars in fines and restitution. These consequences can […]