What consequences can borrowers face from signing unread or incomprehensible mortgage documents related to securitization fraud?
What consequences can borrowers face from signing unread or incomprehensible mortgage documents related to securitization fraud?
Signing unread or incomprehensible documents increases the risk of falling victim to securitization fraud, leading to financial losses, legal disputes, and damage to credit. Additionally, it may hinder borrowers' ability to challenge fraudulent practices or seek remedies for misconduct during the mortgage process.