Mortgage Fraud Charges
Following the National tragedy known as the 9/11 attacks, the Fed loosened credit to avoid an economic crisis. This loosening of credit arguably precipitated the housing boom, which ultimately collapsed. In the wake of the housing collapse, many honest property speculators have been investigated and sometimes even criminally charged with Mortgage Fraud, as the Federal Government launches numerous investigations.
The Federal Bureau of Investigation is a branch of the U.S. Department of Justice charged with investigating and enforcing United States criminal laws. The FBI investigates mortgage fraud in conjunction with the White Collar Crime department. Bank Loan Officers, Realtors, Mortgage Brokers and even legitimate speculators may find themselves to be the target of a criminal investigation for mortgage fraud. Mortgage Fraud allegations may include Mortgage Fraud Identity Theft, Mortgage Fraud for Profit, or Mortgage Occupancy Fraud. If you are under investigation for Mortgage Fraud you should not speak to authorities without an attorney. Not all Criminal Investigations result in criminal charges.