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November 23, 2020

mortgage fraud

mortgage fraud Please read pages 18-22 and page 24 of the?FBI 2008 Mortgage Fraud Report, the?Freddie Mac Fact Sheet Preventing Mortgage Fraud, and the??Fannie Mae Common Red Flags?document. Then, please answer the following questions: What are your thoughts about preventing mortgage fraud? What indicators/red flags are there that mortgage fraud may be involved in a transaction or process? What recourse does a buyer have after being the victim of mortgage fraud? Post your responses on the discussion board. Remember to respond to at least two other students? comments. ? ? Answer preview Mortgage fraud is not a new term in US laws. It has been there for quite a long time. It is a situation where a person taking a mortgage misrepresents or omits information on a mortgage loan application so as to get a larger loan that would have been obtained. ? ? APA 202 words

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