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Bookmark or Share- Fraud Prevention Tips and Resources - Federal Housing Finance AgencyBe aware that fraud schemes may try to steal your sensitive personal information, money, or home. Scammers are increasing attempts to harm homeowners, mortgage borrowers, and renters through housing scams, relief scams, and mortgage fraud.
- How to Spot and Avoid Mortgage Scams | Mortgages | U.S. NewsMortgages are big business. According to the Federal Reserve Bank of New York, U.S. consumers owed $12.01 trillion on their homes in the second quarter of 2023. Unfortunately, scammers see...
- Mortgage Fraud: What You Need To KnowMortgage fraud refers to the deliberate act of lying or omitting information used by a mortgage underwriter or lender to fund, purchase or insure a mortgage loan. It can be committed by both borrowers and mortgage lenders.
- Mortgage Fraud: Definition, Examples and How to Avoid ItMortgage fraud is a financial crime that involves someone intentionally providing false or misleading information during the mortgage lending process. Common examples include a borrower lying about their income on a loan application or an appraiser inflating a home’s value.
- 2023 Mortgage Scams: How To Avoid Them | Rocket MortgageMortgage fraud tactics adapt as the real estate industry and authorities work to identify and prevent existing practices. To avoid mortgage scams, stay observant throughout your mortgage process, and question what you don’t understand.
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