Sentences with phrase «mortgage loan fraud»

Are you operating in one of the states with the highest instances of mortgage loan fraud per capita in the country?

Are you operating in one of the states with the highest instances of mortgage loan fraud per capita in the country?

But a «gift» that is really a loan in disguise could be considered mortgage loan fraud, a federal crime with serious consequences.

Lending institutions filed 2,280 reports of suspicious activity tied to potential mortgage loan fraud in Illinois during the year's first quarter, following increases in each of the three previous quarters.

In addition, 19 % of 1Q 2012 mortgage loan fraud SARs reported activity that occurred within the past two years.

According to the Financial Crimes Enforcement Network's (FinCEN's) recently released Mortgage Loan Fraud Update, California was the state with the highest number of mortgage loan fraud suspicious activity reports (SARs) per capita last year, when it came to SARs with «relatively recent suspicious activity.»

South Forida has become the nation's top market for mortgage loan fraud and has led the nation in mortgage fraud for the past five years, according to research by LexisNexis Mortgage Asset Research Institute.

Reports of potential mortgage loan fraud are on the upswing, and Illinois certainly is contributing its share to the troubling statistics.