Contact Us
Subscribe to this blog via RSS
Join us on LinkedInCategories
- Kentucky Consumer Protection Act
- Judgment creditors
- Fractional Investment
- Section 1031 transactions
- Investment
- U.S. Supreme Court
- Arbitration
- Breach
- Closing
- Closing Disclosure
- Good Faith Estimate
- HUD-1 Settlement Statement
- Kentucky minimum wage
- Lenders
- Minimum wage
- Truth in Lending Act
- “Know Before You Owe”
- Condemnation
- Dodd-Frank Act
- Home Equity Conversion Mortgages (HECMs)
- Mortgage
- Planning and Zoning
- Real Estate Law
- Reverse mortgages
- Zoning Regulations
- Affordable Housing
- Commercial Real Estate
- Economic Development
- Homeowners Association
- Land Use Law
- Landlord
- Lease
- Property Titling
- Purchase Contract
- Rescission
- Same-Sex Couples
- Tenant
- URLTA
- Agritourism
- Deed
- Drones
- Land Surveys
- LBAR
- National Association of Realtors (NAR)
- Overlay Zoning
- Plat
- Property Lines
- Property Survey
- Real Estate Agents
- Rural Areas
- Trulia
- Uncategorized
- Zillow
- Benningfield v. Zinmeister
- Boards of Adjustment
- Building Inspection
- Co-Signing
- Code Enforcement
- Commercial Lease
- Conditional uses
- Condominium
- Deeds
- Dog owners
- Emergency Preparedness
- Emotional Support Animals
- ESIGN
- Exclusive Use Clause
- Federal Housing Administration (FHA)
- Horizontal Property Law
- Inspection
- Insurance Companies
- Insured
- Kentucky Condominium Act
- KRS 383.500
- KRS §258.235(4)
- KRS §383.580
- Loans
- Multi-unit properties
- Natural Disasters
- Occupancy Fraud
- Screening
- Security Deposit
- Servicers
- Steenrod v. Louisville Yacht Club Association
- Title Insurance Policies
- U.S. Department of Housing and Urban Development
- Variances
- Zoning Ordinance Text Amendment
- "Right-of-Way Agents"
- Bluegrass Pipeline
- Boilerplate Language
- Conservation Easement
- Consumer Financial Protection Bureau (“CFPB”)
- Credit Report
- Credit Score
- Easement
- Eminent Domain
- FICO
- General Forms
- Homebuyers
- Kentucky landowners
- Power of Attorney ("POA")
- The Loan Estimate form
- Truth in Lending Statement
Showing 1 post in Occupancy Fraud.
Fraud Risks High for Multi-Unit Property Mortgages
Posted In Closing, Lenders, Multi-unit properties, Occupancy Fraud, Real Estate Law, Screening, Servicers
A recent report, published by Interthinx, an anti-fraud vendor for the financial services industry, revealed that loans associated with multi-unit properties have a much higher fraud risk than loans associated with other property types. Mortgage fraud occurs when an individual makes a material misstatement, misrepresentation, or omission which is relied upon by an underwriter or lender to fund, purchase, or insure a loan. More >
