Refinance Home Mortgage Home Equity Loan Bad Credit Six plead guilty in mortgage fraud (Miami Herald) by Mortage

Thu, 28 Aug 2008 19:00:19 -0600

Refinance Home Mortgage Home Equity Loan Bad Credit Six plead guilty in mortgage fraud (Miami Herald)

by Mortage @ Thu, 28 Aug 2008 19:00:19 -0600

Six defendants have pleaded guilty to participating in a $17 million mortgage fraud scheme in Miami-Dade County involving inflated property values and falsified closing statements, Florida's attorney general announced Monday. These can include settlement costs, discount points, and other fees. There may also be a penalty charged for paying off your original loan early, although some states prohibit this.


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