Archive for the ‘Fraud’ Category

Rural Development-An Answer to the Sub-Prime Collapse

Wednesday, November 14th, 2007

The collapse of the sub-prime market left a lot of people in the lurch halfway through their loans. Loan officers went scrambling for options while borrowers lost precious time and money waiting to find out if they'd be able to get the house they wanted. Lenders went out of business ...

Mortage Fraud, Are You Brave Enough?

Thursday, October 25th, 2007

You know that feeling you get when you just know something isn't right? That's a good feeling to listen to when getting a mortgage. Fraud abounds in the world, but sometimes it wears the mask of "don't ask, don't tell". During my time in mortgage offices, I have often heard ...

New Texas Bill 716 Punishes Mortgage Fraud Perpetrators

Wednesday, October 24th, 2007

It won't pay as much to mortgage professionals or homeowners to falsify information on mortgage documents! If Texas Bill 716 has its way, your only pay would be an orange jump suit and three square meals a day in a six foot enclosure! A stay at Club FED (federal penetentary) ...