Mortgage fraud expert witnesses are experienced with various areas of finance, as the crime can take place in several different ways. Mortgages are often taken out for real estate purposes; many experts in the area are knowledgeable in housing, banking, real estate lending, real estate management, loan officer standards, property management, real estate transactions, foreclosure, investments, property diminution, real estate appraisal, and real estate standards of care. Mortgage fraud usually refers to the act of misrepresenting financial information in an effort to receive a loan or deceive the lender in granting a loan that would otherwise be denied. In fact, mortgage fraud expert witnesses may be called upon in such cases to provide an expert opinion regarding certain real estate standards and practices in relation to mortgage fraud.
Certain measures, such as loan evaluation, lender liability, a review of loan portfolio purchases, and document examination, are each implemented as a means of preventing mortgage fraud. Expert witnesses in this area are often experienced with recognizing fraudulent documents and other methods of fraud detection, as well as good faith, financial consulting, mortgage underwriting, banking, bank documents, mortgage backed securities, mortgage loan buybacks, and other aspects often involved with loans. Mortgage fraud expert witnesses are licensed and/or certified as real estate brokers, underwriters, accountants, and other related professions.
ForensisGroup has been successful at matching attorneys with highly qualified mortgage experts for more than twenty years. Call our office today or Submit An Expert Request Form for further information on how to retain the right mortgage fraud expert witness for your case.