National Mortgage Fraud And Loan Fraud Defense
Federal investigators are scrutinizing financial enterprises more than ever in the current economy. Business professionals are being confronted with allegations of loan fraud — many of them unaware of the illegal activity.
A former state and federal prosecutor, Dan C. Guthrie, Jr. of Guthrie PLLC is aware of the many loan fraud schemes used to gain advantages in a struggling market and the tactics used by federal investigators and prosecutors to expose such methods.
Mortgage Fraud Is Always A High Priority For State And Federal Prosecutors
No one — not borrowers, lenders, mortgage brokers, appraisers, or investors — is immune from investigation and prosecution.
The current focus on prosecuting mortgage and bank fraud has produced intense investigations into fraudulent loans, loan origination, loan acquisitions, appraisals, and the underwriting process.
The protection is an experienced white-collar criminal defense attorney. Mr. Guthrie will work swiftly to try to prevent a grand jury indictment. When this is not an option, however, you can feel confident in Dan Guthrie’s proven trial skills and ability to work effectively behind the scenes on your behalf. You can also trust that your best interests are the only ones he and his firm will be looking out for.
Aggressive And Diligent Criminal Defense
Dan Guthrie provides aggressive and diligent criminal defense representation to homebuyers, real estate agents, mortgage brokers, appraisers, real estate investors and others in fraud cases involving the following:
Mortgage Fraud
Under pressure to obtain loans quickly in a difficult financial market, many mortgage brokers falsify documents for loan approval. Documents are sometimes changed — without the buyer’s knowledge — to ensure the buyer qualifies for the loan. Many buyers sign closing documents in good faith. However, suppose the misrepresentation of assets or income on the loan documents is detected. In that case, the buyer and anyone else prosecutors believe was involved in the scheme will be vigorously pursued.
Straw Buyers And Investment Properties
Investors gain an advantage of a low APR and reduced down payment on investment properties by indicating these properties will be owner-occupied. Federal investigators and prosecutors vigorously pursue loan fraud cases involving distressed properties purchased using the credit of “straw” buyers.
Other Forms Of Loan Fraud
Dan Guthrie defends professionals under investigation or charged with loan fraud concerning inflated property appraisals, forged or falsified loan documents, property flipping and other alleged loan scams and fraudulent conduct.
- Departures from standard underwriting practices
- House flipping
- Falsifying home mortgage application
- Inflated appraisal of home value
- Failure to disclose primary residence
- Other alleged loan scams and fraudulent conduct.
Mortgage and loan fraud accusations are very serious. If you are found guilty of either, you could expect to face exorbitant fines and lengthy prison sentences. Your future and your reputation aren’t worth the gamble. Hire a good white-collar criminal defense attorney to protect your rights throughout your case.
Call 214-953-1000 or visit Mr. Guthrie’s contact page to learn what he and his firm can do for you.
