Understand Your Options After Mortgage Fraud Accusations
Typically, mortgage fraud cases involve an accusation of making false statements or falsifying financial information to obtain a home mortgage. In some cases, however, people who work for lending companies are arrested for making fraudulent statements or engaging in unscrupulous lending.
If you have been charged with mortgage fraud or another fraud-related offense, the experienced Albany criminal defense lawyer at The Law Office of James E. Tyner, PLLC, can help. I offer aggressive and experienced representation on behalf of clients throughout Albany and surrounding areas who are facing mortgage fraud charges.
I have extensive experience with the representation of clients charged with crimes involving allegations of financial fraud. These cases are complex and require the attention of an experienced attorney who will give your case the time, dedication and consideration it requires.
I strongly believe that every defendant deserves a vigorous defense. I prepare for each case as if it may go to trial and perform a thorough investigation of the facts to determine the best possible approach to each client’s defense. My meticulous and painstaking effort to understand the details of each case is a distinct advantage for the people I represent. If you are facing mortgage fraud charges or another financial fraud charge, contact my office to learn more about your rights and options.
What Constitutes Residential Mortgage Fraud?
- Lying about your income and misrepresenting your assets to secure a higher loan amount from an underwriter or lender
- Hiding debt and/or lying about credit scores in order to gain approval for a home loan
- Misrepresenting employment history on a loan application in order to qualify for a home loan
- Lying about the number of expected occupants to get a more favorable interest rate
- Failing to disclose the existence of a “silent second mortgage” on the property
- Falsifying documents in order to sell a property at an inflated value
- Using a straw buyer, which is where a buyer with poor credit uses the financial information of another person to obtain the loan
- Identity theft, or attempting to use a stolen identity when applying for a home loan
- Shotgunning, which is when the homebuyer simultaneously applies for multiple loans with different lenders in order to finance the same property
- Obtaining home mortgage loans for fictitious properties
Contact The Law Office of James E. Tyner
To schedule a free consultation, contact my law office by calling 518-783-3800. You may also email me directly.