Mortgage Fraud Attorney In San Francisco

If the industry is real estate industry, the recent financial meltdown has brought the industry to its knees. This is probably the reason why there has been a recent increase in the number of mortgage fraud cases.

In case, even after you have taken all the necessary precautions, you still find yourself facing a mortgage fraud case, one of your best options would be to find a lawyer knowledgeable in handling mortgage fraud cases. You can also hire professional and experienced white collar attorney in San Francisco for fraud cases.

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As soon as you get wind that you might have been implicated in a mortgage fraud case, you should get in touch with the Department of Financial Institutions. You should also gather as much evidence as possible to prove that you are innocent.

The surprising thing about these cases, however, is that more than half of them were borne out of a collision between a borrower and a mortgage industry insider. There are many ways by which mortgage fraud can be committed.

This could include income and employment fraud, reverse mortgage fraud, phantom help, identity theft, short sale fraud, bait and bump, equity stripping or skimming, lease buy-back, and house flipping. Oftentimes, in mortgage fraud cases, the victim may not be as innocent as they seem.