		Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How
Buyers, Brokers Caught in Mortgage Fraud Scheme

Buyers, Brokers Caught in Mortgage Fraud Scheme

This is a discussion on Buyers, Brokers Caught in Mortgage Fraud Scheme within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; DENVER - Colorado regulators say they have uncovered a bmortgage/b fraud scheme that resulted in 88 home foreclosures after $8 ...

Google Ads Advertisement

Mortgage Know-How A mortgage is the transfer of an interest in property (or the equivalent in law - a charge) to a lender as a security for a debt - usually a loan of money. While a mortgage in itself is not a debt, it is the lender's security for a debt. It is a transfer of an interest in land (or the equivalent) from the owner to the mortgage lender, on the condition that this interest will be returned to the owner when the terms of the mortgage have been satisfied or performed. In other words, the mortgage is a security for the loan that the lender makes to the borrower.

LinkBack

Thread Tools

Display Modes

#1 (permalink)

10-28-2008, 11:25 PM

Administrator Administrator is offline

Administrator

Join Date: Oct 2007

Posts: 44,600

Your Earnings US $: 186,873.10
How To Earn By Posting?

Buyers, Brokers Caught in Mortgage Fraud Scheme

DENVER - Colorado regulators say they have uncovered a bmortgage/b fraud scheme that resulted in 88 home foreclosures after $8 million in kickbacks was paid to buyers and brokers. Continued here: Buyers, Brokers Caught in Mortgage Fraud b.../b

More...

(Source: Google Blog Search)

Tags

brokers, buyers, caught, fraud, mortgage, scheme

Similar Threads
Thread	Thread Starter	Forum	Replies	Last Post
Georgia man gets 14 years in mortgage fraud scheme	Administrator	Mortgage Know-How	0	10-11-2008 03:33 PM
Five Indicted in Mortgage Fraud Scheme	Administrator	Mortgage Know-How	0	10-10-2008 01:37 PM
Lenexa man gets five years in mortgage-fraud scheme	Administrator	Mortgage Know-How	0	08-30-2008 12:06 AM
Man admits to mortgage fraud scheme	Administrator	Mortgage Know-How	0	02-25-2008 11:44 PM
3 indicted in mortgage fraud scheme	Administrator	Mortgage Know-How	0	02-10-2008 03:22 AM

Bookmark this thread

Share |

« A New Mortgage for Big Savings | Mortgage Deadbeats Protest For More Money! »

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)

Thread Tools
Show Printable Version Email this Page
Display Modes
Linear Mode Switch to Hybrid Mode Switch to Threaded Mode

Posting Rules
You may not post new threads You may not post replies You may not post attachments You may not edit your posts BB code is On Smilies are On [IMG] code is On HTML code is Off Trackbacks are On Pingbacks are On Refbacks are On Forum Rules

Discussion Buyers, Brokers Caught in Mortgage Fraud Scheme in printable format

All times are GMT. The time now is 06:53 AM.

Loans & Mortgage Forum :: Register :: Members :: Statistics :: Rules :: Help :: Contact :: Archive