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Archive Home > 2006 > March > 02 > Fraud expert educates local housing group

Fraud expert educates local housing group

Fraud seen in some real estate markets, not evident in Bend

By David Fisher / The Bulletin
March 2, 2006

Appraisers puffing up market values to accommodate oversized loans.

Mortgage brokers lying on applications to grease the wheels for their clients.

Realtors boosting sales contracts above the market price to extract cash from lenders for fees and commissions.

Loan fraud, big and small, accounted....

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Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.