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Mortgage Scams

Questions on Mortgage Scams

Why Is it a Bad Idea to Try and Buy Two Houses Simultaneously When You Can Only Qualify to Buy One?

Can the Interest Rate On an ARM Be Rounded Up at Every Rate Adjustment?

Why Would a Broker Offer You a Below-Market Deal If You Agree to Take Out a High-Rate Loan for Two Months and Then Refinance Into a Low-Rate Loan?

Is it OK For a Borrower Without the Money for a Down Payment to Have the Realtor Rewrite the Sale Contract at a Higher Figure, With the Seller Lending the Difference and Forgiving the Loan After the Closing?

What Are the Various Scams Practiced by Some Mortgage Brokers and Lenders, and How Do You Avoid Them?

What Is the Scam That Has Caused Many People to Lose Homes They Have Received Under the Habitat For Humanity Program?

What Is the Scam That Leads Borrowers to Believe They Can Avoid a Prepayment Penalty by Refinancing Twice?

What Is the Scam That Leads Borrowers to Take Small Amounts of Cash in Frequent Refinances?

What Is the Scam That Tries to Make You Believe That You Can Reduce Your Interest Cost by Paying a Higher Interest Rate?

Is the Loan Warrantee Program Offered by DFF International a Scam?

Why Does the Widespread Belief in a Good Fairy Encourage Mortgage and Other Frauds?

Why Should You Ignore Any Proposal to Eliminate Your Mortgage Debt at Very Low Cost?

What Is the Over-Priced House Scam and Who Are the Perpetrators? Who Are the Victims?

In What Sense Is the Simple Interest Biweekly Mortgage a Scam?

MY QUESTION IS NOT HERE. I WOULD LIKE TO LEAVE IT FOR THE PROFESSOR