Playa Del Carmen has many options when it comes to high end living. You can pick and choose from plethora of choices Beachfront, Golf residences, Marina, condo resorts etc. Each one has its own unique charm and suit varied lifestyles.
Among these Beachfront is much highly sought after. Golf course communities come a close second and are a perennial favorite among golf lovers who want a direct access to Golf course. Playa Del Carmen is known as the Golf capital of Latin America and for a good reason too. It has nine world class and beautiful golf courses which provide the ultimate in golfing experience and luxury living.
There are quite a few gated Golf course communities with the latest and best being Residencies Grand Coral by Lorena Ochoa.
The project is located in Grand Coral Riviera Maya. It has incorporated innovative design which is beautiful amalgam of contemporary architecture and spectacular landscaping. It has surrounding lakes and beautiful gardens which lend the pool area a unique touch.
As with any golf residences, Residencies Grand Coral also offers spectacular views of the golf course but with a difference. All units of the project have views to the 18 hole golf course. For Golf aficionados, this project is as close to heaven as one can get!
Golf residences can be quite expensive because of the quality lifestyle they provide and premium luxury condos offered by them. Such a lifestyle is for a privileged few. But in Residencies Grand Coral by Lorena Ochoas case, an added attraction is an unbelievable starting price of 183,000 USD. To sweeten the deal even more, Residencies offer the very best financing in the market.
As far as golf residences are concerned, they must offer high end luxury amenities, entertainment options, security and ease of access. Residencies Grand Coral comes up aces in this regard also. All units have terraces with ample space to enjoy views of the Golf course and lakes. Besides that the best feature is the 18 hole golf course designed by Nick Price.
To take care of your leisure, there is a beach club and a club house with Restaurant, and snack bar. If you want to indulge yourself and relax, then you can visit a spa and completely unwind. For fitness freaks, a gym in club house is always within reach.
The project location is also highly favorable. It has direct flights major Mexico Real Estate, US and Canadian cities. International travelers can take a flight to Cancuns international airport which is just 30 minutes north to this project. The nearest city is Playa del Carmen which is just a 10 minute drive.
Playa del Carmen Real Estate has many such gems which offer world class living as well as prudent investment options.
Wells Fargo & Company (WFC) is a huge Western and Midwestern bank that provides a diverse array of financial services to its more than 23 million customers. The company employs more than 150,000 people at its over 6,000 locations nationwide. Wells Fargo has about $500 billion in assets.
While the company continues to derive more than half its revenues from interest income (about $26 billion), its activities are not limited to collecting deposits and lending money. Wells Fargo engages in other businesses such as brokerage services, asset management, and investment banking. The company also makes venture capital investments.
Over the last ten years, Wells Fargo has averaged a 1.57% return on assets and an 18.19% return on equity.
Wells Fargo is closely associated with California in the minds of most investors. The company now operates in 23 different states. However, the concentration in California remains.
Mortgage lending in California accounts for approximately 14% of Wells Fargos total loan portfolio. Commercial real estate loans in California account for another 5% of the companys total loans. No other single state accounts for a similarly sized portion of total loans. In fact, neither mortgage lending nor commercial real estate lending in any other state accounts for more than 2% of Wells Fargos total loans.
Wells Fargos focus on cross-selling is well known. The company has a stated goal of doubling the number of products the average consumer and business customer has with Wells Fargo to eight products per customer (from the current four products per customer).
Cross-selling increases customer stickiness. It also helps increase profitability by decreasing expenses relative to revenues. The need for a large physical footprint is reduced as is the need for a large number of bankers. Instead, the existing infrastructure is able to provide additional revenue from the same customers.
Wells Fargos Chairman & CEO, Richard Kovacevich, explains the importance of the companys cross-selling in the Vision & Values section of the corporate website:
“Cross-selling or what we call needs-based selling is our most important strategy. Why? Because it is an increasing returns business model. Its like the network effect of e-commerce. It multiplies opportunities geometrically. The more you sell customers the more you know about them. The more you know about them the easier it is to sell them more products. The more products customers have with you the better value they receive and the more loyal they are. The longer they stay with you the more opportunities you have to meet even more of their financial needs. The more you sell them the higher the profit because the added cost of selling another product to an existing customer is often only about ten percent of the cost of selling that same product to a new customer. This gives usas an aggregator a significant cost advantage over one product or one channel companies. Cross-selling re-invents how financial services are aggregated and sold to customers just like other aggregators such as Wal-Mart (general merchandise), Home Depot (home improvement products) and Staples (office supplies).”
If it is your intention to embark on a career as a mortgage advisor and be successful and earn fabulous income, then the obvious route is to first become a Trainee Mortgage Advisor and arm yourself with Certificate in Mortgage Advice and Practice (CeMAP) qualification.
You may not need academic qualifications to be able to pass the CeMAP exams but the one thing you will positively need is a strong urge to succeed in a highly competitive industry.
The CeMAP consists of three different modules – the module one and two offer aspirants the knowledge and skills required to function as mortgage advisors. Module three comprises of objectivity based questions to test the applicant’s ability and aptitude to apply the understanding received from 1 and 2 modules.
To acquire CeMAP qualification, you must achieve examination passes in each of the three CeMAP modules, namely:
CeMAP Module 1 UK Financial Regulation
CeMAP Module 2 Mortgages
CeMAP Module 3 An assessment of mortgage advice knowledge
But as long as you do not hold the CeMAP qualification, you are barred from doing consultancy services on issue related to mortgage. Once you obtain the certification, you can either get gainfully employed or act as a freelancer to recommend lenders to the public.
In either case, you can expect to earn handsomely. CeMAP training courses are essentially designed for individuals who are new to the mortgage industry and without any mortgage background whatsoever. Though CeMAP was earlier more of an aptitude test conceived by the institute of Financial Services (IFS), it is today a nationwide familiar NVQ level 3 qualifications.
The test contains three main papers – multiple choice of 100 questions for CeMAP 1 & 2 and sixty subjects for CeMAP 3. To achieve overall pass and obtain CeMAP qualification, you need to pass each of the 3 CeMAP modules.
Aspirants wanting to take CeMAP training can easily find some well-organized CeMAP courses run by reputed and reliable training companies. There are different types of CeMAP training that are available classroom course, home study course and online course. There is also the seminar method of learning primarily meant for busy working professionals who are in a hurry to obtain CeMAP certification. These crash courses generally extend up to 3 days and very intensive in nature.
Most CeMAP course costs include all training materials, IFS CeMAP mock exam papers, exclusive training guides and revision notes plus all-round support. Today, CeMAP training course also comes in the form of lively CD-Roms. This is a complete training course designed to fully prepare you for CeMAP certification
You should however exercise caution when selecting the CeMAP training company as many organizations may be far too commercial-minded, relieve you of your money and provide inadequate support. The right CeMAP training institute will not only teach you the course content but guide you on the exam techniques as well. Please also make sure that the CeMAP training company you finally select assures you of success in the exam or agrees to offer free training for the subsequent attempt.
Even if you join any leading training CeMAP training company, please remember that it calls for dedication, concentration, hard work and the determination on your part to succeed and obtain the coveted certification.
Buying a home is a huge commitment. If you are moving to Brisbane or are just looking to get away from renting, you are probably searching for a Brisbane mortgage broker. You may be feeling the pressure to find the right broker, because the wrong person can cause you to spend way more money than you planned. A good Brisbane mortgage broker can help you to get the best deal and save as much money as possible. Your Brisbane mortgage broker should also be able to find you the best possible deal for your own personal situation.
There are many ways to find a Brisbane mortgage broker to fit your needs. To start, you might ask people you know who own a home. If they are happy with their Brisbane mortgage broker, he or she might be someone who can help you to get the best deal. There are many things you should do in order to be prepared before seeking a Brisbane mortgage broker. If you are prepared, you can help yourself to save as much money as possible.
To start, before looking for a Brisbane mortgage broker, you need to know your financial situation. A mortgage can often cost more than a rental payment. While it is generally preferable to own rather than rent, you need to make sure that you can afford it. After all, one of the biggest mistakes people make in their finances is to get locked into a mortgage they cant afford for a home that is more than they need. A mortgage is a major, binding commitment and should not be entered into lightly. You should know exactly what you can afford. Your goal mortgage payment should be lower than the absolute highest you can afford. That way, if something happens, you will not be out of a home. This means that you need to budget carefully before you go to see your Brisbane mortgage broker.
It is also very helpful to understand your credit rating before going to see a Brisbane mortgage broker. After all, a low credit rating can severely affect your ability to get a good interest rate. It can often dictate whether you are able to get a mortgage at all. If your credit rating is low, you might want to consider continuing to rent rather than trying to rent.
High interest rates can put you out thousands and thousands of dollars. Therefore, knowing your credit situation can determine which Brisbane mortgage broker can best meet your needs and get you the best possible deal.
It is also important to remember that a mortgage commitment lasts a very long time, often thirty to thirty-five years. Compared to a rental agreement, which tends to last a year or less, this is a huge commitment. Although you can always sell the home, you should not count on being to do this quickly. If being saddled with the home for a long period of time will create financial hardship for you, you will probably want to avoid buying a home. Make sure you research all of your options before making a commitment.
IP (internet protocol) cameras are digital cameras that are mostly used for surveillance. Unlike the more commonly known and used CCTV cameras, IP cameras have the capability to send and receive data via a computer network and the internet. Guard Pro Protection Systems is one of few companies in Tucson, Phoenix, and Prescott, Arizona to offer the installation of IP cameras. They use IP cameras largely to prevent theft and break-in for commercial businesses, though they are sometimes also used to protect residential properties from the same. The two main types of IP cameras are centralized IP cameras and decentralized IP cameras. Centralized IP cameras require a central Network Video Recorder (NVR) to handle recording the management of video and alarms. Decentralized IP cameras have the capacity to record without a central NVR and they can record directly to digital storage media like flash drives, hard disk drives, and network attached storage.
? IP cameras record with a resolution of at least 640×480 and they can provide HDTV image quality at a speed of 30 frames per second.
? They are much more flexible that CCTV cameras and they can be moved anywhere on an IP network.
? The video analytics from an IP camera can be stored in the camera itself which allows scalability (the ability to change in size or volume) in analytics solutions.
? IP cameras have the ability to transmit commands via a single network cable is available for PTZ (pan, tilt, zoom) cameras.
? IP cameras also provide secure transmission of data through encryption and authentication methods including WEP, WPA, WPA2, KKIP, AES, etc.
AXIS Communications and ACTi Corporation are among the top in supplying and developing IP technology. Guard Pro Protection Systems in Tucson, Phoenix, and Prescott, Arizona is a certified AXIS communications installer for IP Camera systems and security. Guard Pro is also a Preferred Partner of ACTi Corporation as well. Contact Guard Pro if you are located in the Tucson, Phoenix, Prescott, or surrounding areas have commercial or home security needs.
Purchasing washers and dryers can be a little difficult for people who are residing in small houses, condominium or apartment units. First of all, home equipment including washers and dryers are too large for modest living areas to allow for. The next difficulty is that lots of apartments and condos are not set up with the appropriate connectors for laundry equipment. There are even houses which are so little, there isn’t really adequate room for a gas line or an exhaust vent that a dryer would need.
Due to this requirement by small houses, condominium and apartment owners, companies have created specially designed washers and dryers to squeeze into limited spaces in little houses, apartments or condominium units. These specially created washers and dryers use up hardly any space, so much so that they could be stashed beneath shelves, garage and also small basements. An additional great thing about these new washers and dryers is that you’ll find some models that do away with the requirement for exhaust vents so as to release damp air when drying out clothes.
The three kinds of compact washer and dryers evaluated here are the stackable, combo and portable washer dryers. Washers and dryers that are stackable are just about full sized models except that they have a vertical style, which uses up little space. The combo is a relatively new entrant into a market, that is essentially a two-in-one or a washer and dryer merged into just one unit. The smallest of the three types is the portable washer dryer.
Stackable washers and dryers occupy smaller spaces since the two home equipment can be put atop each other. Stackable washers and dryers are particularly preferred since you would only have to take up a single space to work with both home equipment. The downside to making use of stackables is that dryers need to be put high above the floor which makes it a little hard to access and utilize.
Next on the list is the washer dryer combo which appears to be just one unit about 27 inches wide. You can do both washing and drying inside a solo compartment when working with the combination unit. This means that for fifty percent of the space of the traditional washer and dryer, you’ve got a machine that does both features. Just about all combo units use condensation drying which requires much less energy compared to vented heating units.
Lastly, the portable washer and dryer is the smallest washing appliance on the market. First, portable washer and dryers are very much smaller than stackable or combo washer and dryers. Portable washers and dryers come in two editions. The first is powered by electricity just like a typical unit, whilst the other is operated by hand. Among the compact washer and dryer models, the portables have the littlest laundry capacity.
The summer is here and sellers will be warming to the fact that July has seen another spike in house price levels across West Vancouver and Greater Vancouver in general. Yes, once again house prices have peaked, giving homeowners in West Vancouver an opportunity to make hay while the sun is shining on the real estate market.
In the month of June 2014, house prices across Greater Vancouver rose by 6.2 percent year on year. Furthermore, these figures are calculated by leaving out some of the more expensive mansions priced up in West Vancouver. So if one were to include the high-end luxury homes in the equation that figure might even be higher still.
The burning question for sellers is – has the latest bubble in the housing market reached its zenith and will we see a burst in the very near future? Is this summer a good time to sell and relocate or should a seller be holding on and wait it out to see what the market does?
The real issue with the real estate market in West Vancouver is that is does not follow the same trend as the rest of Canada. Index prices for West Vancouver detached homes has reached just over $2 million, that’s double the amount of index prices from the less opulent North Vancouver district.
It’s also worth noting that West Vancouver and British Columbia as a whole has benefited from the influx of immigration from around the world, particular Asia. It has boosted an already-vibrant economy and helped to bolster the housing market. Investors from China have helped to push up the price of luxury real estate in a way never seen before. You have to understand there’s something of a revolution in China and its economy and back in the 20th century making money behind the bamboo curtain was something exclusive only to a few Communist Party bigwigs. Now such an opportunity to become wealthy in the world’s most populous country has become easier for millions more. Much of this wealth is used on buying luxury real estate in places like California, Florida and West Vancouver.
The future is very bright is we rely on the investment of Chinese and Asian property investors and all that comes despite the tightening controls implemented by both Canadian and Chinese authorities implemented to stem to rising tide of overseas investment in Canada (and the United States) as a whole.
If you are thinking of a CA reverse mortgage on your home as a means of assisting fund your golden years, you can remove some of the mystery about how much you can agreeably expect in the way of a reverse mortgage loan by making use of a reverse mortgage calculator. You can go for a reverse mortgage calculator from one of the dozens websites that are made accessible to you online. They all require you to input some data affecting your home’s judged worth, but are approximately easy to utilize and will be the speedy way you have of deciding if taking a reverse mortgage on your home will be a financially sensible and an effective move.
The AARP Reverse Mortgage Calculator :
The AARP — American Association of Retired Persons – It has an extremely Customer-friendly reverse mortgage calculator; it has a capacity to give rise to more traffic than any other type. The AARP reverse mortgage calculator needs that you supply facts on your age, the age of your spouse, your zip code, and the judged worth of your home. By inputting all these information into the reverse mortgage calculator, you will be taking the first steps to decide if you want to initiate the reverse mortgage process. The preciseness of the estimate you get will actually depend on the accuracy of the facts you give to the mortgage reverse calculator. CA reverse mortgages are a form of financing completely different from accustomed mortgages, and while the AARP reverse mortgage calculator gives an assessment which is based on the initial worth of your home, other calculators will confront for both the current worth of your home and the remaining balance on any existing mortgage you have. A cultured CA reverse mortgage calculator will be capable to determine in information like the total amount of money you would like from a reverse mortgage and the manner in which you would love to receive it–in cash, as regular monthly payments, as a line of credit, or as all three. After you have catered the requested facts and details, the calculator will necessarily run the figures and come up with a adequate good picture of what you can reasonably expect by taking out a reverse mortgage.
Limitations of CA reverse mortgage calculator that you need to understand A reverse mortgage calculator, no matter how complicated provides almost accurate amount of mortgage assessments for national reverse mortgage schemes and cannot determine in cost variables in your local area. Local mortgage lenders can add application, commencing, closing, termination amount to your reverse mortgage and some of them even will be accumulating for the time period of the loan. The amount of funds you actually get will be affected by such fees.
Today mortgages are common in the real estates and home owning procedures CA Reverse Mortgage
Mortgage loans are absolutely handy in purchasing a real estate or property. Now, are you looking for such mortgage loans to buy a new property in California? Getting the loans might initially seem tedious. However, with the best experts and the most unfaltering services from these experts, you can easily purchase a property in California with these mortgage loans. The lucrative interest rates and the plethora of advantages associated with these loans add to the brownie points.
Lucrative mortgage loans
You can avail the best Mortgage Loans in California from any reputed bank which offers proper interest rates along with some viable refunding schemes and policies. The best companies offering you these real estate schemes make sure to offer you the best loans in the most commendable interest rates. Besides that, they also make sure that the entire procedure of applying for these loans and getting them sanctioned is simplified without much hassle. All in all, the companies offering these loans are inherently keen in offering you the best loans to choose from.
Viable home renovation loans
Is your home asking for its renovation? Well, if you are not prepared financially at the current stage, you can avail some outstanding Home Improvement Loans in California provided by many reputed companies all over the city. The loan schemes and policies of repayment are simple and easy to follow. Borrowing up to 150% of the approximate value of your property is granted by all the bank of California. So, you can easily get your required improvements done in this budget and start your repayment at low interest rates gradually.
The best mortgage brokers
The mortgage broker performs as an intermediate body between the lenders and borrower to cater mortgage loans. These mortgage brokers in California are innately competent and they also have a proper broker licence. The Best Mortgage Brokers California, are adept in offering you the best loan sanctions in a jiffy. They have ample information about these loans and thus they offer you an apt and holistic insight about these loans and their various proceedings.
A reliable mortgage broker can easily get your loans sanctioned. As an addendum, they charge a nominal percentage commission as a service charge. So, if you are planning to purchase a real estate in California, simply consult these experts for complete information on the best loan packages.
Prolific Home Equity loans After purchasing your new house you will require home equity loans for its proper maintenance. In fact, you can opt for these home equity loans for any and every purpose. The experts helping you with these loans will make sure that about 80% of the proper and authentic value of your homes is sanctioned in these home equity loans. Moreover, you will also have to pay interests not for the entire property, but only for the amount you are using. These loans can be repaid and can be used from time to time as per requirement. So, choosing the home equity loans in California can indeed be a viable decision. Choose these loans to enjoy some commendable benefits from your property, in the long run.
18672 Florida St. Suite 101a, H untington Beach California 92648 USA Tel:714-848-0400 Fax:717 848-7931 Toll Free: 866-848-0600
Recent financial industry distress publicly attributed to widespread mortgage loan defaults has generated mounting pressure on federal prosecutors to increase investigations into incidents of mortgage fraud across the nation. On February 6, 2004, CNN reported that the FBI warned that mortgage fraud was becoming so rampant that the resulting epidemic of fraud could trigger a massive financial crisis. Mortgage fraud has now become so prevalent that the United States Department of Justice and the Federal Bureau of Investigation have been forced to create an entirely new category for tracking these cases. According to a CBS news report, the number of FBI agents assigned to mortgage related crimes increased by 50 percent from 2007 to 2008. Prosecutors and investigators on both the state and local levels are also feverishly organizing task forces and creating real estate fraud departments to counter this burgeoning wave of crime.
CRIME & PUNISHMENT
The primary focus of these investigations appears to be on borrowers, investors, mortgage brokers, appraisers and real estate agents. Some of the charges levied against these perpetrators have included making false statements on loan applications, bank fraud, mail fraud, wire fraud, conspiracy to launder funds and a number of applicable state laws. However, the primary legal vehicle implemented by federal prosecutors has been section 1014 of Title 18 of the United States Code which declares mortgage fraud as a federal crime encompassing anyone who willfully overvalues any land or property, or knowingly makes any false statement, for the purpose of influencing a financial institution upon a loan application, purchase agreement or other related documents. A violation of the federal mortgage fraud law (18 U.S.C. 1014) alone is punishable by up to thirty years imprisonment and a one million dollar fine.
MORTGAGE FRAUD SCHEMES
The most effective way to avoid prosecution for mortgage fraud is to identify mortgage fraud schemes prior to any actual involvement. Most mortgage fraud offenses fall into one of two general categories: fraud for housing and fraud for profit. Fraud for housing often involves fraudulent acts committed by a borrower, often coached by his or her mortgage broker or real estate agent, to obtain a loan for the ultimate goal of acquiring a home. These fraudulent facts generally pertain to the falsification of facts and documents during the loan application process to enable the borrower to obtain financing that he or she would otherwise not be qualified to receive. Conversely, fraud for profit typically involves a more concerted plan to abuse the entire real estate transactional process for pecuniary gain.
FRAUD FOR HOUSING
This occurs when a borrower inflates his or her amount of income to qualify for a loan or a larger loan amount. Although recent reductions in the use of stated income or no-doc liar loans has somewhat curbed income fraud, daring borrowers are increasingly generating more fraudulent documents to falsify income. Information technology and photocopy equipment have become so advanced that very convincing documentation, such as income statements, savings accounts and tax returns, can be produced on demand.
In order to justify overstated income in a loan application, borrowers will claim self-employment in a non-existent company or represent having a higher position in a company than the borrower actually holds.
Failure to Disclose Liabilities
The debt-to-income ratio is an important part of the loan underwriting criteria used to determine a borrowers eligibility for mortgage loans. Consequently, borrowers will conceal financial obligations like newly acquired credit card debt, other mortgages, and private loans to artificially reduce their debt-to-income ratios.
Generally occurs when a borrower states on a loan application that he or she intends to occupy a property as a primary residence to secure a lower interest rate when the borrower actually intends to obtain the loan to acquire an investment property.
FRAUD FOR PROFIT
Equity Skimming and Cash-Back Schemes
A straw buyer is typically implemented as the buyer of the property due to his or her creditworthiness and resulting ability to obtain favorable financing. Unknowing straw buyers can be manipulated by mortgage brokers and real estate agents to purchase a property as a primary residence with the broker or agent later serving as a property manager to collect anticipated rental income. After the escrow closes and the mortgage and real estate brokers collect their commissions, they proceed to collect rental income and fail to make the mortgage payments.
Complex schemes can involve a knowing straw buyer, an appraiser who intentionally overstates the propertys value, a dishonest seller that intentionally inflates the selling price, and a dishonest settlement officer that makes undisclosed disbursements from the loan proceeds. All of these conspirators collaborate to collect portions of the proceeds of an inappropriately large loan before eventually letting it go into default.
Appraisal Fraud or Price Inflation
This fraud occurs when a dishonest appraiser intentionally overstates the value of a property or when an existing appraisal is altered to reflect a higher value. When a home is overvalued, more money can be obtained by the seller in a purchase transaction or by the borrower in a cash-out refinance.
The New Appraisal Fraud: Price Deflation
When done legitimately, a short sale occurs when a borrower that owes more than his or her property is worth sells the property below market value and the lender agrees to accept the lower repayment amount and forgive the difference. A new hybrid of fraud has emerged where an appraiser or a real estate agent drastically devalues the property in an appraisal or brokers price opinion (BPO) so that the home will sell with ease at a price well below market value. Of course the new buyer is in collaboration with the seller, agent and appraiser, so all of the conspirators proceed to sell the home at a higher price for a big profit.
Identity theft fraud occurs when a victims identity is assumed by another to obtain a mortgage without ever intending to make any payments on the loan. The perpetrators often abscond with a portion of the loan proceeds and sometimes are daring enough to lease the property and collect some deposits and rental income before disappearing.
The Buy and Bail
This completely new scheme is perpetrated by a home owner who cannot sell the home because more is owed on the property than its worth. Because no lender will provide the owner a loan for a second primary residence, the owner tells the lender that he or she plans to rent out the current home despite having no intention of doing so. Sometimes a falsified rental agreement is used to further support the falsehood. Once the second home is purchased, the owner bails on the original home and fails to make any further mortgage payments.
AVOIDING & PREVENTING FRAUD
Mortgage fraud frequently emanates from groups that complete an abnormal amount of similar transactions or churn out many offers to purchase at once. These outfits may appear disorganized or unprofessional due to the large amount of transactions they are attempting to manage. It is also no coincidence that mortgage fraud has significantly increased as housing values have decreased since most fraud schemes involve a financially distressed or otherwise vulnerable seller. It is equally important to remember that agents owe a very strict fiduciary duty to act in their clients best interests. So before reporting a client to your local authorities, speak with legal counsel or your state real estate licensing department to ensure that your proposed actions dont constitute a breach of your fiduciary duty to your client.
Real estate agents are in a unique position that enables them to identify and even prevent the occurrence of fraud by recognizing the red flags, asking appropriate questions, and giving the principals in their transactions the full picture of what consequences are associated with participating in mortgage fraud. While a lot of damage has been done in the real estate market, we can prevent more of the same from occurring in the future.