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Mortgages, fraud, bank news: follow @ScottReckard.
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Mortgage fraud comes in several varieties.
Yet it still found him guilty of mortgage fraud.
"They are doing it ultimately to set up mortgage fraud".
(The broker later pleaded guilty to another mortgage fraud).
But mortgage fraud by its nature leaves a paper trail.
Fewer than 150 of the bureau's agents are assigned to mortgage fraud, for instance.
Deed theft and mortgage fraud schemes are notoriously difficult and costly to unravel.
Another contrast is that mortgage fraud cases, to date, have tended to settle quickly.
(Mortgage fraud involves falsifying information to obtain a loan you otherwise might not have qualified for).
The government, however, has contended that it has aggressively pursued mortgage fraud.
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