Legal consequences can be up to 20 years in prison, plus fines of more than $250,000. This scheme often combines with other fraud types. Because of the complexity of this crime, investigating this ...

Fannie Mae claims that it is seeing fewer cases of multifamily mortgage fraud following a years-long effort to crackdown.

Mortgage brokers are starting to feel the "big squeeze" not just on the revenue side of the mortgage industry, but also from cost-cutting pressures coming at them from lenders. Lenders are driven to ...