Bad Loan Originators Are Coaching Borrowers and Agents to Commit Loan Fraud Everyday
Secret Side Agreements For Repairs Is Mortgage Fraud! Here’s how it happens… Buyer contracts with Seller for a $200,000 home with the Seller paying all the closing costs which equates to 3% or $6,000….the current FNMA maximum. During the inspection, a faulty furnace is discovered. Let’s assume for this example it’s a working furnace, so [...]
[ Read More → ]