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Watch this eye-opening video on mortgage fraud, including red flags to watch out for like air loans and straw buyers. Don't fall victim to foreclosure rescue scams! #MortgageFraud #mortgage #homeloan It's a shame that people prey on the unsuspecting or the unknowing. The best way to fight back is to learn the facts, not fake news, the facts! Mortgage fraud exposed is about the various ways shady players will use to entice you to make a bad decision. Let's set this straight together! Timeline & More Info Below In practice, I share with my clients to simply #JTAB = Just Take a Breath it'll be alright as we move forward together. Remember, FEAR = False Evidence Appearing Real. What's the best way to replace FEAR? With knowledge! You're doing that right now. Kudos! What you'll learn: 1. Mortgage Fraud Red Flags! 2. Types of Mortgage Fraud! 3. Most Common Mortgage Frauds! NOTE: To adjust video speed for your listening/ viewing pleasure, please use the settings icon on the bottom right of your screen. It looks like a gear. =) Timeline: 0:00 - Intro 0:41 - The FBI's role in investigating mortgage frauds! The FBI aggressively pursues financial institution fraud (FIF) and various types of mortgage fraud! 1:08 - Financial Institution Fraud! (FIF) FBI Link: https://www.fbi.gov/investigate/white... 2:17 - The most common types of financial institution fraud! 2:50 - What is mortgage fraud? 3:32 - 2 Categories of Mortgage Fraud are: a. Fraud for Profit b. Fraud for Housing 4:53 - 9 of the Most Common Mortgage Fraud Schemes! 5:13 - Foreclosure Rescue Schemes! 6:14 - Loan Modification Schemes! 7:00 - Illegal Property Flipping! 7:44 - Builder Bailout/ Condo Conversion Scheme! 8:42 - Equity Skimming! 9:11 - Non-Disclosed Silent Second! 9:58 - Inappropriate Home Equity Conversion Mortgage (HECM)! 11:45 - Manipulated Commercial Real Estate Loans! 12:53 - Air Loans! 13:10 - Final Thoughts! If you or someone you know suspect you or they may be a victim of mortgage fraud, please contact the FBI at: https://www.fbi.gov/contact-us/field-... Thank you for watching! =) Enjoy an amazing day! Andrew Finney Trusted Real Estate Advisor, USMC Veteran License S.0173260 Andrew@AndrewFinneyTeam.com #AndrewFinney Andrew Finney Team King Realty Group, Inc. 6955 North Durango Drive Suite 1004 Las Vegas, NV 89149 Disclaimers/ Credits: At the time of production, Andrew Finney, S.0173260, is a real estate salesperson with King Realty Group in Las Vegas, NV. Andrew's videos are his own and do not necessarily represent the views and/ or opinions of KRG. The purpose of Andrew's videos is to educate you and help you make sense of the real estate process. If you have questions about home loans, real estate, taxes, financial advice, real estate law, insurance, professional trades, or any other services where you live, you are advised to reach out to the appropriate professional for further counsel about your own unique situation. Video Inspiration: You! Awesome Music Courtesy of: Song: Syn Cole - Feel Good [NCS Release] Music provided by NoCopyRightSounds. Video Link: • Syn Cole - Feel Good | Future House | NCS ... Download this track for FREE: http://bit.ly/SynColeFeelGoodDL