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Income fraud is when a borrower falsely claims a higher income than they really have in order to qualify for a mortgage on a ...
It is the latest move by the Trump administration to step up pressure on the Federal Reserve, which has faced criticism from officials for being slow to cut rates and splashing out $2.5 billion on ...
Mortgage scams have increased since 2022 from 14 incidents a month to 71, according to a study that scraped Better Business Bureau (BBB) complaint data. Only 12% of the mortgage scam reports included ...