Common Types of Mortgage Fraud Schemes include: 1. Property FlippingProperty is purchased, falsely appraised at a higher value, and thenquickly sold. What makes property illegal is that the appraisalinformation is fraudulent. The schemes typically involve one or more ofthe following: … more

Under the federal law in Miami, the punishment for a conviction of mortgage fraudcan be up to 30 years in prison and a person can commit mortgage fraud by doing anyof the following: – The person has an intent to … more