…is like saying there was no fraud that took place during the last few years in housing.
- No loan officers falsified loan documents
- There was no signature fraud
- No escrow/title agents producing phantom Settlement Statements
- No complicit real estate agents in the loop
- No complicit Notary Public signers
- No fraudulent appraisals
- No cash back post closing fraud transactions
- No buyers buying homes to flip which were financed as “primary residences.”
- Short sales are rarely the result of fraud initiated by any of the above.