"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.
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«mortgage»
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Phrases with «mortgage fraud»
Sentences with «mortgage fraud»
- 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)
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