Quote:
Originally Posted by DaddyHalbucks
Sounds like bank fraud, obtaining a loan under false pretenses.
The FBI is going crazy prosecuting mortgage frauds right now where people lied about their income, etc..
Be careful!
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That's a cover.
Mortgage companies issues a ton of no-doc loans which default.
Mortgage companies get investigated for shady lending practices.
Mortgage companies pass the buck to the consumer saying they lied.
Corporate America at it's finest.
