What are some warning signs of securitization fraud on mortgage loans that I should be aware of?
What are some warning signs of securitization fraud on mortgage loans that I should be aware of?
Warning signs include pressure to rush through the mortgage process, requests for upfront fees or payments, and discrepancies in loan terms or documentation. Additionally, be cautious of lenders who refuse to provide clear and transparent information about the loan terms or who offer unusually favorable terms without proper justification.
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