How I made $100k In Mortgage Fraud ( Step by Step )

Matthew Cox | Inside True Crime
00:23:05 Report Issue
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Chapters & Sections (33)

0:24 Introduction and Real Estate Story chapter 5
0:24 Lender's Check Deposit Issue
0:31 Real Estate Transaction Story
1:02 Story Feedback and Decision to Share
1:33 Property Location and Appraisal Values
2:34 Mortgage Company and Real Estate Scams
3:06 Hard Money Lenders and Borrowing chapter 2
3:06 Borrowing from Hard Money Lenders
4:09 Investment Opportunities and Flea Infestation
6:12 Purchasing Houses and Financing chapter 4
6:12 Negotiating Purchase Price and Financing Terms
6:43 Closing and Tax Payments
7:16 Selling the House for Profit
8:51 Refinancing and Renovations
9:22 Renovating and Refinancing a House chapter 3
9:22 Appraisal and Renovation Plans
10:24 Refinancing and Paying Off Debts
11:25 Finding a Buyer for the Renovated House
12:59 Fraudulent Down Payment Scheme chapter 5
12:59 Altering Bank Statements and Faking Down Payment
13:30 Obtaining Cashier's Check for Earnest Deposit
14:02 Committing Bank and Owner Occupancy Fraud
15:04 Qualifying for Mortgage with Altered Bank Statements
15:35 Appraisal Issues and Compromises
16:40 Removing Interstate from Appraisal chapter 3
16:40 Modifying the Appraisal to Remove Interstate
17:10 Desktop Review and New Value Assessment
18:45 Down Payment and Cashier's Check Alteration
20:18 Fraudulent Real Estate Transaction chapter 4
20:18 Unusual Down Payment and Law Office Move-In
20:51 Property Demolition and New Construction
21:22 Fake Loans for Professionals
22:24 Moral of the Story and Call to Action

Transcript

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