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mortgage fraud occupancy of primary residence Release

July 31, 2009

Mortgage fraud - Wikipedia, the free encyclopedia
Occupancy fraud: This occurs where the borrower wishes to obtain a mortgage to . will occupy the property as the primary residence or as a second home.
http://en.wikipedia.org/wiki/Mortgage_fraud

The Mortgage Porter: Is it a Primary Residence, a Second Home or ...
Apr 23, 2008 . Mortgage fraud is a very serious issue and falsely stating that one . principal residence for at least one year after the date of occupancy, unless .
http://www.mortgageporter.com/reportingfromseattle/2008/04/is-it-a-second.html

Home Occupancy Fraud Back On the Charts
Oct 18, 2007 . Borrower occupancy fraud was a long time title holder before non-conforming . property but rather as an owner occupied primary residence. . caught in a web of fraud and would never intentionally commit mortgage fraud let .
http://ezinearticles.com/?Home-Occupancy-Fraud-Back-On-the-Charts&id=782431

Learn what a Primary Residence is and how that affects your ...
A person's primary residence is the dwelling where they usually live, typically a house or . of the year and the property must be suitable for year round occupancy. . Mortgage fraud is a very serious issue and falsely stating that one intends to .
http://www.arichgroup.com/primary-residence.asp

New Form to Prevent Mortgage Fraud | Rain City Guide
Apr 27, 2009 . Primary Residence Occupied by Borrower(s) within sixty (60) days of . Misrepresentation of occupancy is considered mortgage fraud and the .
http://raincityguide.com/2009/04/27/new-form-to-prevent-mortgage-fraud/

Occupancy Fraud on the Rise | Rain City Guide
Nov 18, 2010 . Occupancy fraud is when someone states they're going to live in a home, . that innocent people who truly are buying a primary residence may have . may be investigated by the FBI and mortgage fraud is punishable by up to .
http://raincityguide.com/2010/11/18/occupancy-fraud-on-the-rise/

Converting primary residence to rental and the mortgage company ...
Jun 4, 2009 . Converting primary residence to rental and the mortgage company . I don't feel that we committed any mortgage fraud. I have heard that the . I believe the average occupancy time is around 7 years or so. Additionally, it is .
http://www.zillow.com/advice-thread/Converting-primary-residence-to-rental-and-the-mortgage-company/242841/

Occupancy Fraud Attorneys | Mortgage Occupancy Fraud Defense ...
Occupancy fraud defense lawyers at The Blanch Law Firm, P.C. provide legal defense . determine if the subject property is the borrower's primary residence.
http://www.whitecollarfirm.com/CM/Custom/Fraudulent-Occupancy.asp

Avoid Committing Mortgage Fraud | lowestrate.com
Dec 26, 2008 . Occupancy fraud. Usually, mortgage lenders are more lenient when loaning for primary residences. For this reason, some consumers may want .
http://www.lowestrate.com/avoid-committing-mortgage-fraud/

Mortgage Fraud Blog - Broker Sentenced for Occupancy ...
Feb 27, 2012 . Another Mortgage Doctors principal, Francis Reeder, 47, Fort Lauderdale, Florida , was arrested on mortgage fraud charges on December 2, .
http://mortgagefraudblog.com/perp-walk/item/16960-broker-sentenced-for-occupancy-misrepresentations

Occupancy Fraud, We're Watching You
Feb 7, 2008 . It used to be the number one form of fraud: a buyer saying they . lenders are limiting investment property financing to 80% or even 70% while owner . needs to be in a resort area at least 50 miles from the primary residence.
http://activerain.com/blogsview/370523/Occupancy-Fraud-We-re

What Is Occupancy Status on a Mortgage? | eHow.com
Many mortgage loans have occupancy restrictions, and you will. . You may purchase a home to serve as your principal residence, as a vacation home or as an .
http://www.ehow.com/info_12017488_occupancy-status-mortgage.html

Mortgage Fraud News: December 2010
Dec 17, 2010. as a primary residence. Common types of reverse mortgage fraud trends include: . the property as their primary residence. In the equity theft .
https://www.efanniemae.com/utility/legal/pdf/fraudnews/mortgagefraudnews1210.pdf

Occupancy fraud: Risks not worth the rewards
Apr 4, 2012 . "Do you intend to occupy this property as your principal residence?" The question , indicated by check boxes on most mortgage loan applications, . Occupancy fraud occurs when a borrower says he or she plans to live in a .
http://library.hsh.com/articles/homeowners-repeat-buyers/occupancy-fraud-risks-not-worth-the-rewards.html

Citizens are encouraged to report any suspected mortgage fraud activity by calling 203-333-3512 and requesting the Connecticut Mortgage Fraud Task Force, or by sending an email to home.

Los Angeles Mortgage Fraud Attorney | Mortgage Fraud Lawyer in ...
A Los Angeles mortgage fraud lawyer is a tough advocate of your rights and . Occupancy fraud - an example of which is a borrower stating that an investment property is a primary residence in order to obtain a better interest rate on the loan .
http://www.kmbllp.com/Criminal-Defense/Fraud/Mortgage-Fraud.aspx

Mortgage Fraud - Fraud Defense Lawyer - Attorney - White Collar ...
Mortgage fraud is one of the leading white collar crimes in the U.S. today. . For instance, occupancy fraud occurs when a borrower states that they will acquire a property as a primary residence or second home, thereby reducing the amount of .
http://www.fuerstlaw.com/practice-areas/mortgage-fraud

For more information on avoiding foreclosure and foreclosure scams, click regulation e and credit card.

More information on mortgage fraud can be found at mortgage fraud ohio.

 

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How To Spot Mortgage Fraud - Forbes.com
Apr 23, 2010 . These tips will help you avoid becoming the victim of fraud. . committed by individuals who intend to occupy a property as primary residence, . different types of property flipping, occupancy fraud and the straw buyer scam.
http://www.forbes.com/2010/04/23/mortgage-fraud-identify-personal-finance-spot-mortgage-fraud.html


Tom Carson
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