Philadelphia Mortgage Fraud Attorney
The real estate boom of a few years ago was accompanied by more lenders going to great lengths to help borrowers qualify for home loans. This lead to the increase in mortgage fraud, due to the number of lenders that went too far in extending loans. This type of fraud may have been committed by the lender, but borrowers also were desperate to obtain loans, sometimes using fraudulent information and documents to get the money they needed. Now with the decline of the real estate market, many alleged mortgage fraud cases are surfacing, with charges being leveled against individuals that were borrowers or worked on behalf of a lender.
At our Pennsylvania office, Philadelphia mortgage fraud attorney Randolph Goldman represents the rights of clients who are accused of committing mortgage fraud. Our entire firm is committed to aggressively defending our clients and working hard to see that the charges against them are dismissed or minimized as much as possible.
Philadelphia mortgage fraud attorney Randolph Goldman has over 30 years of criminal defense experience. He utilizes his experience, plus his extensive knowledge of mortgage fraud and other white collar crime cases, when structuring your defense.
Pennsylvania White Collar Crimes Lawyer
Types of Mortgage Fraud Charges
There are many types of situations through which of mortgage fraud charges may be leveled. Below are two common example situations.
- Documents were created (either by a lender or an individual borrower) using false information in order to qualify someone for a loan. This can include creating a fake job or falsifying the amount of income in order to qualify.
- A good faith estimate provided to the borrower was accepted, but then at closing, the documents were produced using a different interest rate or other information that had not been included on the good faith estimate. This can be considered the "flip-flopping" of loans.
If you are arrested and charged with mortgage fraud, do not talk to anyone without your lawyer present. Contact our office to schedule a free initial consultation with Philadelphia mortgage fraud attorney Randolph Goldman today. He can advise you of your rights and options for dealing with your situation.