MortgagesUndressed

Exposing Mortgage Facts - Making Mortgages Transparent

People actually do this: And they actually get caught:

False Income Documents and Verifications Underlie Indictment of Missouri Couple

I address a July 20 article that appeared on the mortgage fraud blog. Ida Mathis, 52, Kansas City, Missouri, and Larry D. Wills, 50, Kansas City, Missouri, were charged in a two-count indictment returned by a federal grand jury in Kansas City, Missouri for wire fraud and money laundering as part of a fraudulent mortgage transaction.

One of the federal indictment alleges that Mathis and Wills, aiding and abetting one another, defrauded New Century Mortgage

by submitting false documents

with a $472,500 loan application in connection with the property located at 100 W. Bannister Rd., Kansas City, Missouri. CLICK HERE FOR FULL ARTICLE

Please understand the crime you commit if you submit a false document.

It isn’t worth it.

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