Comments on: Mortgage Fraud http://abr.podbean.com/2007/09/21/mortgage-fraud/ Educating REALTORS® in the Metro-Atlanta Area Tue, 06 Jan 2009 12:32:58 +0000 http://podbean.com/?v=3.2 by: Jeff Owen http://abr.podbean.com/2007/09/21/mortgage-fraud/#comment-154262 Tue, 11 Nov 2008 02:34:32 +0000 http://abr.podbean.com/2007/09/21/mortgage-fraud/#comment-154262 PS - He bought the house as an owner occupied property, even says this on his security deed. PS - He bought the house as an owner occupied property, even says this on his security deed.

]]> by: Jeff Owen http://abr.podbean.com/2007/09/21/mortgage-fraud/#comment-154261 Tue, 11 Nov 2008 02:33:32 +0000 http://abr.podbean.com/2007/09/21/mortgage-fraud/#comment-154261 Recently I reported a man that committed loan fraud. He used an FHA loan with down payment assistance (Ameri-Dream I believe), the house was rented when he bought it from his girl friend and to this day, 9 months later, it is still rented. I reported this to FHA, HUD, Georgia Department of Bank and Finance, The FBI and Wells Fargo. NOTHING was done I was told this was only a $98,000.00 Loan and not worth the time. How funny is that. Jeff Owen Recently I reported a man that committed loan fraud. He used an FHA loan with down payment assistance (Ameri-Dream I believe), the house was rented when he bought it from his girl friend and to this day, 9 months later, it is still rented. I reported this to FHA, HUD, Georgia Department of Bank and Finance, The FBI and Wells Fargo. NOTHING was done I was told this was only a $98,000.00 Loan and not worth the time. How funny is that.

Jeff Owen

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