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Homemortgage fraud

Tag: mortgage fraud

Rocket Mortgage claims 4,000 in losses in broker fraud lawsuit
Real Estate

Rocket Mortgage claims $194,000 in losses in broker fraud lawsuit

National Mortgage News and Mortgage Professional America (MPA) first reported the lawsuit. Rocket claims the broker failed to disclose that the borrowers had taken out multiple mortgages United Wholesale Mortgage (UWM) in the days leading up to the closures, despite contractual obligations. UWM is not a party to the lawsuit and is not accused of […]

author
By Tomasa Rizzotti
February 5, 2026February 5, 2026
Fraudsters never sleep, and neither do lenders
Real Estate

Fraudsters never sleep, and neither do lenders

Many of us have heard of, or will soon find out about, the now infamous Baltimore story. One borrower bought multiple houses on the same block, renovated one unit and copied its photos to make the others look renovated on paper. He changed appraisal terms statements, submitted identical photos to multiple lenders and navigated a […]

author
By Tomasa Rizzotti
October 28, 2025October 28, 2025
Lisa Cook Loan Docs Losing ‘Vacation Home’ seem to be undermining for mortgage fraud claims
Real Estate

Lisa Cook Loan Docs Losing ‘Vacation Home’ seem to be undermining for mortgage fraud claims

Reuters also reported that Cook “never asked for a tax exemption for the house in Georgia as a primary home, according to real estate reports and a Fulton County Tax Official.” The estimate of the condo -loan is in contradiction with the claim through FHFA Director Bill Pulte in a criminal reference to Attorney -General […]

author
By Tomasa Rizzotti
September 13, 2025September 13, 2025
Is it a reference or retribution? Fed Governor Lisa Cook focused on Trump appointed
Business

Is it a reference or retribution? Fed Governor Lisa Cook focused on Trump appointed

Through You are August 20, 2025 Although potential mortgage fraud is a serious crime, the use of a federal regulatory body to pursue a political appointment is characterized as an even greater violation of the public. A criminal reference for alleged mortgage fraud against the Governor of the Federal Reserve Lisa Cook has inflamed a […]

author
By Tomasa Rizzotti
August 21, 2025August 21, 2025

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