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Radical Transparency for the Mortgage and Real Estate Industries
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What is Mortgage Fraud?

Started by JeffX · 1 year ago

WARNING: What you are about to read are 100% factual accounts of grievous broker misconduct. The rules regarding YSP and disclosure are clear, yet some brokers continue to operate as if they’re above the law.

If you’ve never seen this 2-page brief on YSP & Consumer Disclosure from the California Department of Real Estate, […]SHARETHIS.addEntry({ ... Continue reading »

2 comments

  • I'm amazed of what I have just read. The law is very weird and not even a civil procedure could have saved the fraud victim here. That is why we need to create better laws that cover such problems. If it were me creating the law, I would sentence such a criminal to death. That would teach them to play with someone's home and of course someone's implicit future.
  • As we all know mortgage is a loan secured by real property through the use of a document which evidences the existence of the loan and the encumbrance of that realty through the granting of a mortgage which secures the loan, this is what i had known for years and had read in WIKIPEDIA. You had indeed created an amazing article about mortgage fraud, people should be aware of this.

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