mortgage fraud

Mortgage fraud is a crime punishable by law where potential buyers of houses attempt to deceive lenders by providing incorrect information or blatantly omitting details which would cause banks to not lend them money. Mortgage fraud is a crime which has risen in numbers and notoriety in the first decade of the 21st Century, especially during the United States' financial crisis of 2008.

There are many types of mortgage fraud including: Occupancy fraud, Income fraud, Employment fraud, Failure to disclose liabilities, Fraud for profit, Appraisal fraud, Cash-Back Schemes, Shotgunning, and Identity Theft. These crimes could yield a person a fixed amount of jail time and fines, with some prison sentences approaching a 30-year maximum.

by Ray Salloom Are you a writer, passionate about this or any other topic? Join Blogcritics!

Latest blogosphere posts tagged “mortgage fraud”

• CurtisNeeley on "END AdSense - - - AdWords - at - parked pages"

  
  Digital Inspiration Help Central — Authority: 132
  I agree with ads to support actually published content but want to start a click-close or click-protest site to list sites like sleepspot.com and pricelike.com. Google would call this a click-fraud site and they will be a defendant in a Federal Lawsuit against me as a result of two parked/cybersquatted sites next ...
  1 hour ago

• How To Stop Foreclosure - 3 Legitimate Solutions

  
  Mortgage Tips, Tricks & Secrets — Authority: 140
  A great resource: http://realestate.bryanellis.com/1565/stop-foreclosure-in-houston-3-legitimate-solutions/ To Stop Foreclosure in nearly any city in the United States of America, there are basically only a few legitimate options. Some of these you’ll know, and some will be brand new to you. Here are a few ...
  1 hour ago

• Erdogan says favors Bashir over Netanyahu

  
  Writing The Wrongs — Authority: 435
  Turkish prime minister says he would be more comfortable talking to indicted Sudanese president than to Israeli premier. He denies Bashir is responsible for genocide in Darfur, saying a Muslim couldnt do such things Reuters YNET News Turkish Prime Minister Recep Tayyip Erdogan on Sunday denied that Omar Hassan ...
  1 hour ago

• $625,500 FHA LENDING LIMIT EXTENDED THROUGH DEC. 2010 -FINALLY, SOME GOOD NEWS OUT OF WASHINGTON!

  
  Reverse Your Mortgage — Authority: 117
  House Approves Loan Limit Extension; House, Senate Leaders Reach Agreement on Home Buyer Tax Credit The House and Senate approved a continuing resolution that includes a provision that would extend current loan limits for FHA and the government-sponsored enterprises through...
  2 hours ago

• App Developer Sued for Stealing Customers’ iPhone Numbers

  
  nexgenlife.com — Authority: 139
  Filed under: Cell Phones , Video Games , iPhone Storm8 , the developer of popular (but terrible) iPhone games like ‘Vampires Live’ and ‘iMobsters,’ has found itself on the wrong end of a potential class-action lawsuit . A lawsuit has been filed, on behalf of Washington resident Michael Turner, ...
  3 hours ago

• Never Trust a Glibertarian with Data

  
  faith in honest doubt — Authority: 134
  Really, given the glibertarian source of the data, I had a feeling it would come to this -- the spectacular failure rate of teen Oklahomans on a multiple-choice citizenship quiz, upon which I snarked in September , was very likely bullshit. Absolutely definitive proof of fraud is not present, but Nate Silver, who is ...
  4 hours ago

• Barack Hussein Obama Report Card After 10 Months As The President of The United States

  
  Audacity Of Hypocrisy — Authority: 540
  10.2% ……..Unemployment Rate & Rising (Up 42% from Inauguration Day) 17.5% ……..Total Underemployment + Unemployment Rate (Worst in 27 Years) $787 ………..Billion “Stimulus” (95% Pork Barrel Spending, Waste & Corruption) $700+ ………Billion TARP Bank Bailout (Crony Capitalism) $1.6+ ...
  4 hours ago

• Beware of credit card scam

  
  The Star Online: Sports — Authority: 788
  NEXT time you apply for credit cards at shopping complexes or any other outlets beware as you may become a victim of credit card fraud.
  4 hours ago

• Wells Fargo Bank Locations Michigan

  
  SelectCDRates.com - The Leading Industry Tool to Help You Select and Compare the Best 6 Month, 1 Year, 2 Year, and 5 Year CD Rates, Find rates by individual states, Money Market Account Rates, Savings Account Rates, Money Market Fund Rates, and Tax Exempt — Authority: 146
  Wells Fargo Bank branch locations in Michigan.  Bank directory lists Wells Fargo Bank offices alphabetically by city in Michigan.  Find bank branches in Michigan for all Wells Fargo Bank locations with complete bank address.  Wells Fargo Bank offers a full array of banking and financial services including checking ...
  5 hours ago

• Can prosecutors be sued for framing people? Obama’s DoJ says NO!

  
  News From Underground — Authority: 440
  At Supreme Court: Can prosecutors be sued for framing defendants? Two African-American men wrongly imprisoned for 25 years filed a lawsuit against prosecutors for fabricating evidence against them. The Supreme Court hears the case Wednesday. By Warren Richey | Staff writer of The Christian Science Monitor The US ...
  5 hours ago

• How to Recognize an Auto Insurance Fraud

  
  Kirberts finance advice and news — Authority: 162
  Patricia Gabbett Auto insurance is, today, a huge industry in the United States. It has been made mandatory in most of the states. With most of the states following the tort system, many people are opting for auto insurance to be protected from getting sued. The tort system allows for the not at fault driver to sue ...
  5 hours ago

• The Con and the Professor

  
  THE BIZOP NEWS — Authority: 408
  " In a new series of blog posts over the next few months , [Sam Antar] will document why Sarbanes-Oxley should be strengthened with added reforms to protect the integrity of our capital markets. For starters, please read the letter below that [Sam Antar] submitted to the SEC and PCAOB Roundtable on Internal Control ...
  5 hours ago

• I Know It When I See It or Propaganda is Obscenity

  
  Healthy Influence Blog — Authority: 127
  Matt Armstrong at MountainRunner shared a PDF of a new DoD policy regarding use of the terms, “propaganda” and “strategic communication.”  Here are the new definitions. Propaganda is:  “1. The systematic propagation of information, ideas, or rumors reflecting the views and interests of those advocating ...
  5 hours ago

• Savvy buyers shop around for a better loan deal

  
  Real Estate Buzz — Authority: 158
  Thought about refinancing ahead of further rate rises? Rising interest rates will impact minimum repayments for variable rate home loan borrowers and could make budgeting a challenge, which is why moving to another loan may save money, time and stress. Mortgage lenders continue to battle each other for market share ...
  5 hours ago

• The New Homebuyer Tax Credit

  
  The Trump Blog — Authority: 462
  by Tina Merritt President Obama signed the Homebuyer Tax Credit this week.  This new tax credit extends and expands the credit set to expire on November 30th, 2009.  The new legislation is effective November 7, 2009 and expires April 30, 2010. Highlights are as follows: The first time homebuyer tax ...
  5 hours ago

• President Musharraf:-India is responsible for all terror in Pakistan-Afghan government is a tool of Delhi

  
  RUPEE NEWS: Recording History, Narrating Archives, Strategic Intellibrief Analysis: Noticias de Rupia | Nouvelles de Roupie | Rupiennachrichten | ??????? ????? | ???? | Rupi Nyheter | ??????? | ????? ????? — Authority: 516
  President Musharraf’s enemies only wish for the gift of eloquent speech that the general  has. The Pakistani people, as much as they dislike dictatorship wish that the civilian leadership would  forcefully say what President Musharraf says. In an interview with a TV channel in Washington, Musharraf said ...
  6 hours ago

• Todays top stories

  
  endiana.com — Authority: 127
  VIDEO: Hate video on YouTube: Should this visceral hate speech be banned? Sometimes I wake up . . . and all I want to do is smoke cigarettes and spit at lesbians . . . nut jobs that I want to spit at . . . Renewable Stupidity I loved the true story of the Nigerian energy worker who, having received ...
  6 hours ago

• South Africa Arrests Bloggers Critical of Government

  
  The Inquisitr Entertainment — Authority: 758
  South African police have arrested at least one blogger (possibly three) in an apparent crackdown on Government dissent. According to local media , Albert Oosthuizen who runs zasucks.com – was arrested allegedly on the basis of an outstanding warrant from 1993. Two bloggers from the Boerevryheid blog are also ...
  6 hours ago

• Broken oppositions..

  
  Zambian Economist — Authority: 132
  A new piece in the Africa Confidential makes fascinating reading on the Mozambique political landscape, discussed here : A dominant party – not a one-party state, Africa Confidential, Commentary: The decisive re-election of President Armando Guebuza on 27 October delivered all that the governing Frente de ...
  6 hours ago

• How the First Time Home Buyer Credit Can Create Economic Growth

  
  Moolanomy Personal Finance — Authority: 602
  Last week, when the President signs the expanded aid package, my husband and I (and many others) breathe a collective sigh of relief. The expanded aid package includes a seven month extension of the First Time Home Buyer Credit. While many people do not support the extension , I am grateful for it. Granted, my ...
  6 hours ago

Comments about mortgage fraud