Mortgage Fraud...

[Beachboy]

quote:

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Originally posted by lizr

Wow that was awful to read.

I heard from another mortgage broker the other day that they are investigating some folks here on Big Island.

Something to do with the difference between appraised value and the true value of the house.

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can you elaborate on this subject? What is the disadvantage or advantage of having your home appraised above or below "true" value of your home?

"I would never die for my beliefs because I might be wrong."

Bertrand Russell