Mortgage Fraud

The information in this section is intended to help you protect your home, you home’s equity and to avoid falling victim to mortgage fraud schemes. Start by learning to recognize and understand the signs of mortgage fraud.

Definition of Mortgage Fraud

The Federal Bureau of Investigation has defined mortgage fraud as the “intentional misstatement, misrepresentation or omission relied upon by an underwriter or lender to fund, purchase or insure a home.” 

Mortgage fraud should not be confused with predatory lending, which occurs when a consumer is misled or deceived by agents of the lender.