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Who is responsible a married couple in Louisiana enter a mortgage contract the wife lied to the husband for the amount he can not read or write and it was his property put up as collederal?
She has committed fraud against her husband. They are both going to be held responsible and he should consult an attorney.
What are some types of mortgage fraud?
There are many types of mortgage fraud. One of the most common is not putting correct information on the mortgage application such as current income.
What is the legal definition of mortgage fraud?
Mortgage fraud is the deliberate omission or misrepresentation of facts on the part of either the borrower or lender with the purpose of obtaining a mortgage loan. Mortgage fraud is essentially the intentional misrepresentation by either the borrower or the lending institution to enable the awarding of a loan. Examples of mortgage fraud include income misrepresentation, and misrepresentation of property use.
Why is mortgage fraud not portrayed in the media?
mortgage fraud isn't really portrayed in the media beause its not something that occurs very often in the area of housing.
Who would I call to find an attorney related to mortgage fraud?
Your best solution to find an attorney to assist with accusations of mortgage fraud would be to consult with a HUD approved housing counseling agency.
Is not making mortgage payment considered fraud?
No. fraud, in the legal sense, is to deliberately mislead in order to benefit at another's expense.
Was Robert Shumake sued and arrested for mortgage fraud Detroit?
Yes, Robert Shumake was sued and arrested in connection with mortgage fraud in Detroit. He faced charges related to his alleged involvement in a scheme that defrauded lenders by submitting false information for mortgage applications. The case drew attention due to the scale of the fraud and its impact on the local housing market.
Is it fraud if your husbands father took out a life insurance policy in his name and paid his nephew to sign as your husband?
It is insurance fraud if anyone but your husband signed the application.
What is passive fraud in real estate?
Mortgage Broker defrauded your income. Form1003
What are some reasons to consider FHA mortgage insurance?
There are a number of potential reasons to consider a FHA mortgage insurance package. It would give one peace of mind that they are covered against any fraud or potential damage to the property and they offer competitive low rates.
If you default on your home mortgage can the mortgage company come after your car?
They can not directly come after your car. However a Judge can order assets seized. If there was no fraud involved in the mortgage this is an unlikely situation.
Does Colorado have a paternity fraud law?
Yes. My husband is a victem of paternity fraud. There is a small 2 year window to contest a judgment against you, and it is from August 2008- Aug2010. The clock is ticking. If you are in Colorado and you are paying for a child that you know is not yours, get a lawyer asap.
