"Mortgage fraud" refers to the act of deceiving or lying on mortgage loan-related documents or transactions. It usually involves providing false or misleading information to get a loan approved or to illegally obtain money. Full definition
Its tracking found $ 1.1 billion in active criminal and civil cases of mortgage fraud in the third quarter of the year, compared with $ 1.7 billion in the second quarter. (articles.chicagotribune.com)
Recent events likely resulted in an increase in mortgage fraud as higher housing prices tempted borrowers to commit fraud for property in order to qualify for a mortgage loan. (fbi.gov)
A chief executive of what once was the largest privately held mortgage lending company in the country was sentenced to prison for his part in a $ 3 billion mortgage fraud scheme. (realtormag.realtor.org)