What is Mortgage Fraud?

Going through the mortgage application process is grueling.? Lenders demand extensive documentation and long applications.??Mortgage fraud cases generally involve a material misstatement, misrepresentation or omissions on a mortgage application.

This normally relates to property or income that is presented to and relied upon by the lender in making a decision whether to provide the loan and to what amount.

A critical fact in mortgage fraud cases is whether the fraudulent statement is “material“.? Did the lender know about the falsehood?? Did the lender conduct a diligent review before executing its decision.

A Message from the Daly Campbell Law Firm:

We hope you and your loved ones have remained healthy and safe this year as we all wade through the Coronavirus pandemic together.

In lieu of in-person meetings, we are encouraging you to schedule a virtual meeting with us either online through our website or by telephone.

Both current clients and anyone in need of legal assistance can schedule a virtual meeting with us.   Once you schedule the meeting, all you have to do is follow the link we will email to you on either a smart phone or a computer with a microphone at the time you arranged the meeting.

If you need any assistance, please do not hesitate to call us at 281-488-1500.