The Primary-Residence Scam: Here’s Why James, Schiff, Cook, and Swalwell’s Mortgage Fraud Cannot Be Tolerated
The American mortgage system is one of the largest and most intricate financial infrastructures in the world. It relies on a vast network of borrowers, lenders, underwriters, title companies, insurers, appraisers, and global investors who buy mortgage-backed securities. Every link in this chain depends on one thing: accurate, truthful information. When borrowers falsify occupancy status, …