http://www.therealestatebloggers.com/2008/05/03/mortgage-fraud-now-a-specific-crime-in-missouri/ Real Estate Blog, Mortgage, and Development News Sat, 21 Nov 2009 03:38:54 -0600 http://wordpress.org/?v=2.8.6 hourly 1 http://www.therealestatebloggers.com/2008/05/03/mortgage-fraud-now-a-specific-crime-in-missouri/comment-page-1/#comment-210276 Bryan Weatherman Wed, 21 May 2008 16:46:39 +0000 http://www.therealestatebloggers.com/2008/05/03/mortgage-fraud-now-a-specific-crime-in-missouri/#comment-210276 I 'am a Mortgage Broker and I believe the problem is that the reason Mortgage fraud happens so much is the consumer doesnt know what to look for. The other problem is that the only action taken is if enough consumers or Banks get duped by the same Company. There are Companies who have lost there license or had it revoked , reported to thje State of Missouri , and nothing happened. If you really want to put a stop to it before it already cost millions in most cases , then lookat Companies who do not follow State laws or Goverment. We turned a Mortgage CO in to yhe State for doing loans , after the State told them not to . The State did nothing. I ‘am a Mortgage Broker and I believe the problem is that the reason Mortgage fraud happens so much is the consumer doesnt know what to look for. The other problem is that the only action taken is if enough consumers or Banks get duped by the same Company. There are Companies who have lost there license or had it revoked , reported to thje State of Missouri , and nothing happened. If you really want to put a stop to it before it already cost millions in most cases , then lookat Companies who do not follow State laws or Goverment. We turned a Mortgage CO in to yhe State for doing loans , after the State told them not to . The State did nothing.

]]> http://www.therealestatebloggers.com/2008/05/03/mortgage-fraud-now-a-specific-crime-in-missouri/comment-page-1/#comment-204080 Creating a Mortgage Fraud Law with Some Bite - A Thought Experiment | Real Estate Investing for Real Blog Sun, 04 May 2008 15:19:09 +0000 http://www.therealestatebloggers.com/2008/05/03/mortgage-fraud-now-a-specific-crime-in-missouri/#comment-204080 [...] was just reading an article about how Mortgage Fraud is now a specific crime in Missouri, but couldn’t help but think to myself whether or not this law goes far enough. While I [...] [...] was just reading an article about how Mortgage Fraud is now a specific crime in Missouri, but couldn’t help but think to myself whether or not this law goes far enough. While I [...]

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