Mortgage - Home Mortgage, Mortgage Loans, Rates, Calculators, Mortgage Brokers, Credit, Landers  

Go Back   Mortgage Forum Index > Mortgage and Loans Forum > Mortgage Know-How

Mortgage Fraud Incidents Up 45% in 2nd QTR

This is a discussion on Mortgage Fraud Incidents Up 45% in 2nd QTR within the Mortgage Know-How forums, part of the Mortgage and Loans Forum category; MIAMI - Reported incidents of bmortgage/b fraud grew by 45 percent in the second quarter compared to the year-ago period, ...


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.

Reply
 
LinkBack Thread Tools Display Modes
  #1 (permalink)  
Old 12-03-2008, 05:07 PM
Administrator
 
Join Date: Oct 2007
Posts: 44,600
Your Earnings US $: 186,957.30
How To Earn By Posting?
Default Mortgage Fraud Incidents Up 45% in 2nd QTR

MIAMI - Reported incidents of bmortgage/b fraud grew by 45 percent in the second quarter compared to the year-ago period, as borrowers misstated their financial information to maneuver around tighter lending standards, industry data b.../b

More...

(Source: Google Blog Search)
Reply With Quote

Tags
2nd, 45%, fraud, incidents, mortgage, qtr


Similar Threads
Thread Thread Starter Forum Replies Last Post
Report: Mortgage fraud incidents up 45 percent, Florida leads n... Administrator Mortgage Know-How 0 12-02-2008 11:11 PM
Mortgage fraud incidents up 45 pct in 2Q (AP) Administrator Mortgage Know-How 0 12-02-2008 09:33 PM
Mortgage fraud incidents up 45% | DailyHeadlines.org Administrator Mortgage Know-How 0 12-02-2008 08:26 PM
Mortgage fraud incidents up 45 pct in 2Q (AP) Administrator Mortgage Know-How 0 12-02-2008 08:26 PM
Mortgage fraud incidents up 45 percent in 2Q as lenders tighten Administrator Mortgage Know-How 0 12-02-2008 07:21 PM


Bookmark this thread
Share |

Reply


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

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


Discussion Mortgage Fraud Incidents Up 45% in 2nd QTR in printable format

All times are GMT. The time now is 07:41 PM.


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