Mortgage Fraud in Construction: What Home Builders and Buyers Should Know
Mortgage fraud is a serious crime that affects every participant in the housing market, including home builders, subcontractors, lenders, and buyers. The FBI defines mortgage fraud as any material misstatement, misrepresentation, or omission relied upon by an underwriter or lender to fund, purchase, or insure a loan. For construction professionals, the ripple effects of fraudulent […]
