real estate fraud: Mortgage Fraud 101 – Short Sale Fraud
- 07/09/09 09:40 PM
All too often in real estate we focus on the sensational stories and neglect the most obvious abuses of mortgage fraud. Since fraud is involves stealing something that's not yours there are many ways to take something that you are not entitled to. It starts with deception, and ends with the possession of ill gained goods. Since short sales en-masse are so new, everyone assumes the process is transparent and legal. I am taking the position it isn't, and it is mired in deception and fraud.
Real Estate has always been know for change - it is our only constant. Right now … (177 comments)
|
real estate fraud: Where's a Good Hero When You Need One?
- 07/04/08 03:22 AM
Do you ever feel like you are at the besieged Fort and waiting for the cavalry to come to the rescue, but you cannot hear the sounds of the bugles leading the charge? The faint sounds cannot even be heard in the far off distance! Remember all those cowboy movies when you grew up and it was easy to pick out the "Bad" guys from the crowd from the color of their hats? Good guys wore the white hats! Remeber the day when politicians had character and weren't characters! They were driven to change this ills of society adn were not … (14 comments)
|
real estate fraud: What Will Improve The Current Real Estate Market?
- 01/07/08 03:44 PM
It is funny this year we have grandstanding for the next presidential elections taking place and no one is really addressing and issues that effect you and I in real estate. We are not foolish enough to belly ache about our own ccareers and brokerages. We do not have it as bad as many homeowners that need some type of relief! Home owners are going into foreclosure on mortgages they will never be able to repay, they have no reserves, and no one wants to talk about how to fix what isn't broke in with an upcoming election year. But the … (12 comments)
|
|
|
|
All too often in real estate we focus on the sensational stories and neglect the most obvious abuses of mortgage fraud. Since fraud is involves stealing something that's not yours there are many ways to take something that you are not entitled to. It starts with deception, and ends with the possession of ill gained goods. Since short sales en-masse are so new, everyone assumes the process is transparent and legal. I am taking the position it isn't, and it is mired in deception and fraud.
;)
;)
;)
