same agents and brokers sold my home & with proceeds convinced me of buying four home asssuring me it would be a great investment properties would pay off themself. if i leased them .i question my qualifying for the loan, assured me i would & make the payments if not less equal to the mortgage& rent amount,i invested 175,000 trusting them gave what they asked me for infomation for loan approval, returned informing it would look better if i had co signers knowing full well they would not be contributing to the mortgage payment,they forgedmy signature,bal on my bank stmt.made up false check stub stated i made alot more,then at closing the numbers were not acceptable i wouldnt sign, they change the numbers to acceptable, i signed then when my payment book came it was back to the unacceptable amount, they promised to give me help of 2000 dollars a month because they felt so bad and didfor 2 mos. now in forecloser and insurance says i committed mortgage fraud! what can i do?
2006-07-10 07:32:04 · 3 answers · asked by dip2 1 in Politics & Government ➔ Law Enforcement & Police
It will be hard to prove, I use to do mortgage loans and most Loan Officers are shady characters. They will deny any wrong doing and insist that the bankstatements, paystubs, etc. were in that condition when you provided them. They will say they "had no idea they were fake". Do you have anything in writing about them paying you 2k a month?
They should have never closed that loan since the closing doc's have been altered. I am thinking they forged your signature on ALL closing documents. Call you lender and ask for them to send you a copy of your closing packet. You should have gotten one at the closing- and they should match.
Contact the department of real estate in your state (hoping these guys are licensed). File a complaint with the DRE.
Was a notary present at the time of the signing. Did they know the doc's were false? If so, file suit against their bond (look at the grant deed and the Notary Stamp will state what city they are licensed). The notary is insured, hopefully you will get some money back.
Is there any way to sell the property before the bank forecloses it?
Good Luck.
2006-07-10 07:44:06 · answer #1 · answered by B26 3 · 0⤊ 0⤋
My friend, it sounds like you ran into some con men! Report them to the Better Business Bureau so they'll find it harder to make a repeat performance.
See about filing a law suit, and have a lawyer with you when you tell the insurance company what happened. You need someone on your side here.
Good luck!
2006-07-10 07:43:32 · answer #2 · answered by Tigger 7 · 0⤊ 0⤋
report them to the better business bereau and hope you had a contract for the money they promised you a month.
2006-07-10 07:37:10 · answer #3 · answered by dancer_486 3 · 0⤊ 0⤋