Everything You Need to Know About Mortgage Fraud and Avoiding It

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Everything You Need to Know About Mortgage Fraud and Avoiding It

Learn all there is to know about mortgage fraud—and how to prevent it—in this video. Identity theft and falsifying income or assets are typical individual mortgage fraud tactics, while industry insiders may employ air loans and appraisal fraud to game the system. Watch and understand the causes of mortgage fraud as well as how to recognize the most typical con games. The Great Recession of 2007 was largely caused by predatory lending practices, foreclosure rescue schemes, and mortgage reduction fraud. Use this tutorial to learn how to prevent mortgage fraud. Along with the FBI, there are specialist groups that keep an eye on and look into mortgage fraud.

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