Chicago and Southern Illinois Real Estate Happenings

head_left_image

Central Florida Real Estate Happenings -- ActiveRain© works!

 

I have been called by a reporter for the local central Florida Wonderful Lake Eola in downtown Orlando Florida.
channel 9 news today...... she happened to see my post in
ActiveRain© on the latest mortgage fraud happening in the
area and wanted to get more information.

 

 

HOWS THEM APPLES!!

 

 

This could help a LOT of us here in central Florida with getting
the news out that WE ARE NOT central Florida real estate professionals
that tolerate this kind of behavior happening to our clients.

 

If YOU (mortgage officer, mortgage broker, loan officer, real estate
agent, buyer, or seller) have information about a client (or if YOU
were the client who got into a bad situation because of a shady
situation you were tricked into) that was the victim of mortgage
fraud,
please post a comment below about it and I will get in touch
with you. WE will bring the information to the reporter that is covering
this story and hopefully we will get some mention on TV and/or the
local newspaper.....

 



Goodwill advertising is NOT a bad thing,
letting our central Florida real estate buyers
and sellers know WE DO NOT tolerate this kind
of thing is GOOD for business.

 

 

This post about wanting to hear from people or The ActiveRain© Real Estate Network
real estate professionals involved in a situation
of mortgage fraud was brought to you by:

Alexander Harb PSEM®, E-Agent®
The Knights Team Sales Leader

Beach and Luxury Realty Inc.

Beach and Luxury Realty Inc. 

 

 

 

 

 An Equal Housing Opportunity Real Estate Company.

 

Alexander Harb PSEM®, E-Agent®
The Knights Team Referral group

To follow me on facebook and add me as a friend.... click here..

Rice Property Management and Realty L.L.C.

Rice Property Management and Realty L.L.C. is an equal housing company!

 

Click here to see every available home for sale on the Orlando, Florida MLS

 

 

 

 

  Just click on any of these links
Click here for help in selling your central Florida real estate.to find the type of help you need.

 

  

Buying, selling or just searching, 
The Knights Team Referral Group
has what
you are looking for!

 Click here for helpful hints to purchase your new central Florida real estate.

 

 

 

 

 

Comments

Lets hear fro a BUNCH of you that care about
how our real estate clients are treated!!

=-)

Posted by Chicago, Illinois homes for sale ---- Alexander Harb (The Knights Team Referral Group) over 2 years ago
Way to go Alexander! Thank you for placing the light back into our good graces! We do care...period. Let us read the interview! GBY, Later in the rain~Deb
Posted by Lake Livingston Real Estate by Deb Brooks over 2 years ago
I had another loan officer inflate my rental income on my application to make the ratios work. She then changed my lease agreements to match what she put on the application. She didn't expect UW to catch the bank statements showing deposits that didn't match. While the LO was gone on vacation the lies caught up with her and I called the President of the company to withdraw my application.  I told the truth that the application and lease agreements were altered and I couldn't support it.  The LO was let go when she returned from vacation.  This was before I got in the business so it is something I've always remembered to not do.  I also have a career as an auditor and know that fraud is easy to detect if it is reviewed and questioned.
Posted by HOPE Lending LLC over 2 years ago

Good post Alexander,

Several years ago I tried to report a fraudulent flipper in Volusia county only to find no one wanted to hear about it. I sent emails, made phone calls, no one responded. I even tried a national mortgage fraud hot line. I received no response. 

I turned down the loans, informed the investor why, and after discussing the files (the borrower had 3 loans applications with us) with the loan officer I fired her.

About two weeks later a wholesale AE I know mentioned to me that the LO that recently left my office already had 3 great file approved with his company. 

When I questioned him  - guess what  - the same borrower, same properties, same loan officer, new company, new investor. 

I called their credit officer, gave her the run down, walked her through the files. 

She thanked me but did not turn them in. 

The flipper later got arrested. 

Your right it serves no one to turn the other way when you see this type of activity.  

Posted by The Full Service Loan Officer over 2 years ago

What a great opportunity, Alexander. I had to rescue some of my mortgage clients from this stuff, but, alas, I'm on the left coast so that's not relevant.

I know you'll represent your community well. Great job.

Posted by Hemet Home Loan Guy, Joey Aszterbaum (Jolynne Photography) over 2 years ago

Participate



(optional)
What does the graphic say?