Archive for: November 1, 2006

November 1, 2006

Mortgage Broker Company - Mortgage Broker And Appraisal Fraud

Filed under: Mortgage Broker Company - 01 Nov 2006

Another great read.

It has been brewing for a while, this latest real estate imbroglio, and, in a real twist, it is the reputed perpetrators who have been screaming the loudest to alert the public to the crime.

Appraisers have complained for …

Mortgage Broker Company - A Mortgage Broker Scam

Filed under: Mortgage Broker Company - 01 Nov 2006

Here is one way a mortgage broker can scam you -

Its call “flipping” a person buys a property for $50,000 does some cosmetic repairs on the property and the sells it to a gullible buyer for $80,000 with a phony …

Mortgage Broker Company - Mortgage Broker And More Fraud

Filed under: Mortgage Broker Company - 01 Nov 2006

In Australia - THE corporate watchdog is taking a mortgage broker to court for allegedly deceiving a lender into giving money to a teenager who could not afford to pay it back.

It is the first time the regulator has moved on allegations …