Vernon Martin

Commercial Mortgage Fraud: When Fraudsters Bet the House and Win

• September 1, 2004

It's a volatile combination: high volume of cash-out refinancing loans, declining performance of commercial properties, and relentless production pressures on internal loan officers. The resulting concoction often is fraud. Economic conditions are prompting desperate fraudulent property owners to use several tricks to obtain commercial mortgage loans. Following are more schemes.

Written By: Vernon Martin

• • Fraud Schemes

Commercial Mortgage Fraud: Cash Out, Fraud In (Part One)

• July 1, 2004

There's no shortage of desperate or fraudulent property owners in today's market for commercial mortgage loans. "Cash-out refinancing" is one favorite way to bail out of a troubled property. This primer offers advice to fraud examiners, lenders, and appraisers on spotting and preventing these and other frauds.

Written By: Vernon Martin

• • Fraud Schemes