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Most of today’s housing market problems and market downturn are the result of mortgage fraud which includes predatory lending.
Mortgage Fraud occurs when an individual or organization misleads or deceives a consumer or an organization into entering a bad loan for the sake of making illicit profits.
The victim could be an individual, a bank, a title insurance company, or other investor. It is illegal and causes financial hardship on individuals, corporations and society. It often leads into foreclosure, bankruptcy, and will destroy credit ratings.
If you or your organization has been a victim of mortgage fraud, contact MAC as soon as possible. Our investigators are CFE certified and will make the difference.
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