Los Angeles Mortgage Fraud Attorney
Have you been charged with mortgage fraud?
Mortgage fraud is a category of criminal charges which constitute the intentional omission of information from mortgage loan applications or misrepresenting facts to gain a loan, or to obtain a larger loan than would have been given if the lender knew the truth. If you have been charged with mortgage fraud, you should urgently get in contact with a Los Angeles federal criminal defense lawyer to review your legal option.
There have been many mortgage brokers and loan officers who have been accused of mortgage fraud by federal authorities. If you find yourself served with a suit for mortgage fraud, our team at Kaye, McLane & Bednarski, LLP will gladly speak with you to help you understand your rights and take aggressive legal action to counter charges in order to seek an outcome favorable to you.
Mortgage Fraud Lawyer in Los Angeles
Mortgage fraud accusations can take on various forms. Such charges can include:
- Employment fraud - meaning a misrepresentation of income by falsely claiming a higher company position, ownership of a non-existent company or the like.
- Occupancy fraud - an example of which is a borrower stating that an investment property is a primary residence in order to obtain a better interest rate on the loan.
- Appraisal fraud - where, for example, a property's value is overstated as part of a mortgage fraud plan.
- Cash-back schemes - this type requires appraisal fraud. It defrauds lenders by inflating the property value, getting a higher loan amount and thus money back to the others involved in the transaction, such as seller and real estate agent.
Whatever accusations or charges have been brought against you, contact our offices to get a better understanding of your circumstances and to obtain an attorney who will aggressively pursue your rights and best interests.
Contact a Los Angeles mortgage fraud attorney
for tough legal representation if you or anyone in your family has been accused of mortgage fraud.