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Appraisal fraud has long been a concern for potential home buyers, as it can lead to devastating financial consequences, including foreclosure. When a home’s value is artificially inflated, buyers may end up borrowing more than
Usually, when homeowners take out mortgages, they deal with the lender directly, and then the loan is later transferred to a third party known as a loan servicer. The loan servicer handles the collection of
There are several ways in which a homeowner can seek to keep his home before a foreclosure sale is complete. While some of these methods, such as reinstatement, are legally required to be offered to
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