QuantumSpecter@lemmy.world to

News@lemmy.worldEnglish · 2 months ago

Bay Area real estate pros sentenced to prison in $55M mortgage fraud scheme

www.sfchronicle.com

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Bay Area real estate pros sentenced to prison in $55M mortgage fraud scheme

www.sfchronicle.com

QuantumSpecter@lemmy.world to

News@lemmy.worldEnglish · 2 months ago

3

Three real estate professionals fabricated documents that inflated homebuyers’ apparent incomes and helped them qualify for loans.

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deegeese@sopuli.xyz
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1 month ago
People pushed into buying houses they cannot afford are also victims. Their personal finances will be wrecked even if not foreclosed.

These guys were preying on the poor and should be sent away.

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