Florida Mortgage Fraud

Mortgage fraud has become more prevalent over time and is a particular concern during an economic recession. Upheaval in housing markets, homeowners facing foreclosure and unscrupulous persons looking for easy money all contribute to a climate in which mortgage fraud may occur.

These agencies accept complaints about investment fraud and violations of securities laws. Complaints About Mortgage Companies. If you have a complaint against a mortgage company, try to resolve it with the company first. Several government agencies accept complaints about mortgage lenders.

Mortgage Fraud. If a homeowner believes he or she has been taken advantage of by a disreputable company, he or she should call the Florida Attorney General’s fraud hotline at 1-866-9-NO-SCAM or file a complaint online at myfloridalegal.com. Additionally, many unscrupulous companies and individuals are taking advantage of.

Mortgage fraud occurs when someone lies, confuses, or intentionally omits important information during the mortgage application and approval process. mortgage fraud is possible through a single act by either a lender or a borrower. A wide range of activity can constitute mortgage fraud, and state laws that punish the crime differ significantly.

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 · florida mortgage fraud case surpasses statute of limitations. On behalf of Frank A. Rubino, Esq. posted in Mortgage Fraud on Wednesday, June 17, 2015. According to recent reports, a female agent of the Florida Department of Law Enforcement (FDLE) obtained a divorce in 2009 from her husband, a police officer.

What is mortgage fraud? Florida Mortgage Fraud Charges And Penalties + Statute Of Limitations. Mortgage fraud happens when someone intentionally confuses, lies or omits information when they apply for a mortgage. This can be done by lenders and borrowers alike. In Florida, there is a specific statute that covers mortgage fraud.

A Florida pastor is facing as much as 90 years in prison after being convicted of defrauding multiple mortgage lenders, the U.S. Attorney’s Office for the Middle District of Florida announced.

Thoughts Sent to Me on Foreclosure Crisis Consequently, strong predatory lending restrictions, while desirable, would likely be insufficient to avoid a future foreclosure crisis should another housing bubble emerge. In our view, the ultimate underlying cause of the foreclosure crisis was the emergence of a significant housing price bubble and its subsequent collapse.

Mortgage Fraud Cases in Tampa, FL When mortgage fraud is prosecuted in state court it is often prosecuted under Florida Statute 817.545(2) & (5). If you have been accused of Mortgage Fraud in Florida then it is important to talk with a criminal defense attorney as early in the case as possible.