Texas Mortgage Loan Six plead guilty in mortgage fraud (Miami Herald) by Mortage

Mon, 13 Oct 2008 07:00:17 -0600

Texas Mortgage Loan Six plead guilty in mortgage fraud (Miami Herald)

by Mortage @ Mon, 13 Oct 2008 07:00:17 -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. Home mortgages may vary in features depending on the lending institution. One way to find the creditor with the most attractively priced loan is to look in your local newspaper and check to see if it publishes a shoppers' guide to home mortgage credit. These shoppers' guides are widely available and may be used to identify the lenders with low rates. However, basically, the way to find the best loan is to shop around.


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