What Happens When You Don't Utilize a Mortgage Fraud Expert

What Happens When You Don’t Utilize a Mortgage Fraud Expert

Posted Posted in Mortgage Fraud Expert Witness

In recent years, the need for a mortgage fraud expert witness testimony has increased significantly. The need for an expert witness in mortgage fraud cases has become very apparent, as there are many types, levels and details of mortgage fraud that need to be accounted for that attorneys are not entirely familiar with. Mortgage Defense […]

CFPB Audit Issues

Posted Posted in Common mistakes, Mortgage Broker Compliance, Mortgage Fraud Expert Witness

The Consumer Financial Protection Bureau (CFPB) has now launched itself into the world of mortgage brokers, both pure brokers and correspondents. Three distinct problems are surfacing that are somewhat surprising given the compliance environment in which the industry operates. It is evident what the CFPB is encountering is consistent with what state regulators are also […]

3 Customers We Help When It Comes To Mortgage Fraud

Posted Posted in Mortgage Broker Compliance, Mortgage Fraud Expert Witness

Mortgage fraud occurs whenever a borrower, Mortgage Broker, Loan Officer  or other involved party misrepresent any of the facts with respect to the application process. The point of misrepresenting information is to allow the borrower to illegally  qualify  for a home loan or, if a Mortgage Broke/Loan Officer,  to earn a commission using fraudulent information. In many cases all parties to […]