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Business article
By Dennis Estrada
Mortgage Fraud is any procedures to acquire mortgage with false information. The objective of this article is to detect a mortgage fraud at early stage for prevention. Mortgage Fraud increased gradually recently. It is believe to be around in trillion dollars per year in US and Canada.
Michael Eckerman with fraud news.
Most of us dreams to own a house or home. In the process, we sometimes go over board. The fraudster misrepresents information like employment, status, tax, and other obligation just to obtain a house or home. Some fraudster misrepresents for profit too. To read the rest of this article. . go here..http://ezinearticles.com/?Mortgage-Fraud-Prevention&id=289383
Michael Eckerman, Wealth Recovery Specialist.
Michael Eckerman site - Michael Eckerman Coaching Michael Eckerman brings fraud awareness
Can You Fight Charges on Mortgage Fraud?
By Frank Schumacher
If one of the booming industries then is real estate, the recent financial meltdown has brought the said industry to its knees. This is probably the reason why there has been a recent increase in the number of mortgage fraud cases. The surprising thing about these cases, however, is that more than half of them were borne out of a collusion between a borrower and a mortgage industry insider.
Michael Eckerman with fraud news.
There are many ways by which mortgage fraud can be committed. This could include income and employment fraud, reverse mortgage fraud, phantom help, identity theft, short sale fraud, bait and bump, equity stripping or skimming, lease buy-back, and house flipping. To read the rest of this article. .
go here..http://ezinearticles.com/?Can-You-Fight-Charges-on-Mortgage-Fraud?&id=3546094
Michael Eckerman, Wealth Recovery Specialist.
Michael Eckerman Fraud Protection - Michael Eckerman blog Michael Eckerman Protect Yourself Against Identity Fraud
Identity theft is the nation’s fastest growing crime. Each year thieves make off with millions of dollars and leave behind a paper mess that can take the victim months or years to untangle.
Learn How Identity Fraud Occurs
Michael Eckerman with fraud news.
For identity thieves to be successful, they must obtain other people’s personal information. And these criminals have gotten very creative in their fact-finding methods. Thieves may:
· Sort through your mailbox and take your bank and credit card statements, preapproved credit card offers, and tax information.
· Complete a change-of-address form to reroute your mail to another location—usually a PO Box that they maintain under an assumed name.
Michael Eckerman with fraud news.
· Steal your wallet or purse to obtain personal identification, credit cards, SSN, insurance cards.
· "Dumpster dive," rummaging through trash bins looking for discarded personal information, such as old statements, preapproved offers, and outdated insurance cards.
· "Shoulder surf," peering over your shoulder at ATMs to capture your PIN.
· Buy your personal information from an inside source, such as a store clerk who has access to your credit application or signed receipt. To read the rest of this article..
go here....http://www.uwcu.org/Education/Articles/Articles/Protect-Yourself-Against-Identity-Fraud.aspx
Michael Eckerman, Wealth Recovery Specialist.
