Mortgage fraud can result from a lender, mortgage brokers, real estate brokers, or a lawyer's high pressured tactics to close a loan on a consumer with unfavorable terms to that consumer. Federal laws require that a lender through its agents disclose the essential terms of the mortgage contract. Any lack of disclosure is of course a violation of federal law. But the most common area is where the financing institution and or its agents induce a consumer into a loan without any reasonable inquiry into that consumer's ability to pay.

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