Sentences with phrase «committed loan fraud»

If the practitioner writes up the purchase agreement as a residential purchase knowing the deal is being mischaracterized by the mortgage broker or loan officer, the practitioner could be found to have committed loan fraud.

Not exact matches

Steven Croman, described by the state AG as the «Bernie Madoff of landlords» in NYC, has pleaded guilty to three felonies for fraudulently refinancing loans and committing tax fraud.

In addition, former town attorney Genova recently settled a civil suit brought by the Securities and Exchange Commission alleging he committed securities fraud for his role in assisting an unnamed town concessionaire in getting loan guarantees from the town, and then not telling investors about the situation.

Under the law, you may be eligible for loan forgiveness (a discharge) of the federal Direct Loans you took out to attend a school if that school committed fraud by doing something or failing to do something, or otherwise violated applicable state law related to your loans or the educational services you paidLoans you took out to attend a school if that school committed fraud by doing something or failing to do something, or otherwise violated applicable state law related to your loans or the educational services you paidloans or the educational services you paid for.

Under a borrower defense to repayment, you may be eligible for loan forgiveness (a discharge) of the federal Direct Loans you took out to attend a school if that school committed fraud by doing something or failing to do something, or otherwise violated applicable state law related to your loans or the educational services you paidLoans you took out to attend a school if that school committed fraud by doing something or failing to do something, or otherwise violated applicable state law related to your loans or the educational services you paidloans or the educational services you paid for.

FHA should actively prosecute those committing fraud or other unscrupulous activity related to FHA reverse mortgage loans.

Under a borrower defense to repayment claim, you may be eligible for loan forgiveness (a discharge) of the federal Direct Loans you took out to attend a school if that school committed fraud by doing something or failing to do something, or otherwise violated applicable state law related to your loans or the educational services you paidLoans you took out to attend a school if that school committed fraud by doing something or failing to do something, or otherwise violated applicable state law related to your loans or the educational services you paidloans or the educational services you paid for.

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.

While having long - term implications for the financial health of borrowers, a present concern for consumer advocates is that it is unclear what will happen to the CFPB's ongoing lawsuit against the large student loan servicer, Navient, who was sued under the previous CFPB directorship over findings it committed widespread fraud and abuse against student loan borrowers.

You may be eligible for a borrower defense to repayment discharge of the federal Direct Loans you took out to attend a school if that school committed fraud by doing something or failing to do something, misrepresented its services, or otherwise violated applicable state law related to your loans or the educational services you paidLoans you took out to attend a school if that school committed fraud by doing something or failing to do something, misrepresented its services, or otherwise violated applicable state law related to your loans or the educational services you paidloans or the educational services you paid for.

«Halting and dismantling these common - sensesafeguards will leave taxpayers holding the bag when schools commit fraud or close suddenly, make it easier for unscrupulous schools to defraud students and evade accountability, make it harder for defrauded students to get their loans discharged as provided under the law, and funnel taxpayer dollars to programs that consistently leave students buried in debt they can not repay.

If he defaults on the loan, he may be cited as committing fraud.

Researched, Investigated, and determined types of fraud committed by parties involved with the loan.

@Kyle Coleman, Yikes - I hate that a loan originator is encouraging you to commit mortgage fraud.

If you just got the loan, and do not live in it, you will almost certainly be committing bank fraud.