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Mortgage Broker Forum It is time to open up a mortgage broker/ loan officer forum for mortgage industry professionals to join, vent, share and educate homeowners about home loans. There are a lot of "ethical" professionals who could give helpful information to the homeowners who visit Loan Safe and I encouage the honest and ethical mortgage professionals to please join and assist the community in any way you can. . Please no sales pitches or links. Pay it forward and it may pay off for your business.

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Old 11-05-2009, 06:59 AM   #1 (permalink)
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mortgage fraud - Really?

http://jacksonville.com/news/2009-11-04/story/24_jacksonville_real_estate_professionals_indicted_on_mortgage_fraud

Just ran across this article
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Old 11-05-2009, 08:04 AM   #2 (permalink)
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Re: mortgage fraud - Really?

“You will be caught, you will be prosecuted, and you will be sentenced to significant jail time,”......they forgot to add unless you are the bank involved

Where were the bank underwriters....you mean to tell me there was NO WAY they had a clue that the prices were off?
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