Posted on November 20, 2009Is your Dryer Vent and Dryer Exhaust Duct Fire Safe?
When performing routing home maintenance, how much thought goes to your appliances? What about the dryer? Did you know that your dryer is more likely to start a fire than any other appliance in your home? Actually, the dryer is not the dangerous...
Mortgage Fraud Articles
Posted on October 24, 2009First-Time Homebuyer’s Credit Possibly Extended Amongst Fraud Investigation
The National Association of Realtors claims that about 355,000 homes were sold that would not have been if the homebuyer’s credit had not been extended to buyers. It is also suggested that over 175 thousand new jobs were created over the span of time...
Posted on October 21, 2009Real Estate Investment Trusts – Know When To Sell
When it comes to any type of investing there are generally three things you can do – buy, sell and hold. While this seems like a common sense trio of options, you may be surprised at the number of people who have a tough time deciding which one to...
Posted on October 21, 2009Real Estate Investment Trust Tips – Network
When it comes to your investment portfolio, most people think this is something you do alone, on your own time and don't really talk to others about. This is not necessarily the wisest way to go about things.
Posted on October 21, 2009Investing in Real Estate Investment Trusts – Have a Plan
If you want to be a successful real estate investor in either the stock market, bonds or real estate investment trusts, you can't just go in and spend money willy-nilly right and left and just hope to make a profit. While there are some people who...
Posted on June 4, 2009The Straw that Broke the Lender's Back
Typically what happens is Mr. Scam Artist approaches Ms. Good Credit, and asks her to purchase a home on his behalf, using her good credit. He explains that he can't buy the home himself because he doesn't have sufficient credit, and that she...
Posted on May 26, 2009"Fraud for House" Mortgage Scams
Oftentimes this type of fraud seems innocent—after all who'll get hurt if I fudge the numbers just a little bit? However, as we've seen with the record number of foreclosures happening in recent years, too many people have gotten themselves involved...
Posted on December 29, 2008Identifying and Avoiding Mortgage Fraud
Recent financial industry distress publicly attributed to widespread mortgage loan defaults has generated mounting pressure on federal prosecutors to increase investigations into incidents of mortgage fraud across the nation.
Posted on June 28, 2008Operation Malicious Mortgage Attacks!
Between March and June 2008, 406 people have been charged with mortgage fraud through 'Operation Malicious Mortgage'. The foreclosure crisis has caused some kinds of fraud to skyrocket and the Justice Department has taken notice. There are three main...
Posted on May 18, 2008Mortgage Scams- If It Sounds Too Good to be True - It Probably Is!
Inflated appraisals: In an effort to clear a loan for a client, some lenders have been known to contact the appraiser and request a higher dollar value on the appraised house. What is the harm? The lender gets a sale; the client gets approved for...
Posted on April 23, 2008Mortgage Scam - Home Mortgage Fraud
Each mortgage scam contains some type of misstatement, misrepresentation, or omission relied upon by an underwriter or lender to fund, purchase or insure a loan. Mortgage scam is easily practiced particularly where mortgage industry professionals are...
Posted on March 14, 2008What Is Mortgage Fraud For Profit?
If you are having a hard time paying your mortgage, you may be contacted by unscrupulous individuals offering to help. Beware.
Posted on December 3, 2007Predatory lending, mortgage fraud and what you can do if you think you are a victim
Many mortgages were made by mortgage brokers and banks who were greedy and may have committed fraud when they made your mortgage. This article spells out what you can do about it and how it may let you get out of your mortgage altogether. Read the...
Posted on June 26, 2007Getting Educated On Mortgage Fraud
The crime of mortgage fraud has developed quite a bit in this country over the past few years. Sometimes called real estate fraud, this type of crime is wreaking havoc across the country as perpetrators get better and better at it and their methods...