Finance

Mortgage Fraud Definition

Mortgage Fraud Definition

Mortgage fraud generally is not to be perplexed with predatory mortgage lending, which occurs when a consumer is misled or deceived by agents in the lender. Mortgage fraud is a crime that the intent is to help materially misrepresent or omit home elevators a mortgage loan application to have a loan or to have a larger loan than could have not been obtained had the provider or borrower known the reality.