New Jersey Mortgage Fraud Lawyers
Bergen County Loan Refinancing Fraud Attorneys
New Jersey's federal law enforcement agencies are devoting a lot of financial resources and staff to investigate allegations of mortgage fraud. From one perspective, these criminal investigations are necessary to help "clean up" the mortgage industry. From our perspective, however, these investigations are often no more than a search for scapegoats who may have had little, if anything, to do with any wrongdoing.
If you work in the mortgage or real estate industries, you may be vulnerable to mortgage fraud investigations or arrests. You may first be approached to answer questions as a witness, but all too quickly could find yourself the subject of a major mortgage fraud investigation.
The criminal penalties associated with mortgage fraud convictions are only the beginning of the bad news. Most individuals convicted of mortgage fraud find their professional reputations ruined as well.
Hire Aggressive Advocates to Protect You in a Mortgage Fraud Investigation
At the first sign that you may be involved as a subject, target or witness in a mortgage fraud investigation, seek legal counsel from experienced and local criminal defense attorneys. At the Bergen County criminal defense law firm of Brickfield & Donahue, our veteran defense lawyers work regularly in New Jersey's federal courts, which is where mortgage fraud cases often play out.
Our attorneys have more than 40 years of collective criminal law experience, and each of our lawyers is Certified by the New Jersey Supreme Court as a Criminal Trial Lawyer.
What Does Mortgage Fraud Look Like?
Careless or reckless behavior by mortgage or real estate professionals can lead federal investigators to suspect mortgage fraud and instigate an investigation. Such behavior could include:
- Real estate appraisers sign off on false appraisals showing inflated property values
- Buyers may lie on their mortgage applications or use cash back to make up the down payment
- Mortgage brokers may bend or break the rules to get loans or refinancing applications approved
If you have observed any of these tactics at the mortgage lender where you work, or if you have seen other suspicious actions, it may be wise to seek independent legal advice from a law firm that respects your privacy and can give solid legal advice about how best to proceed.
Contact Brickfield & Donahue in River Edge, New Jersey
The earlier you seek legal advice regarding a mortgage fraud investigation, the better chance you have of surviving the storm with minimal negative consequences.
Discuss your concerns about mortgage fraud allegations in a private setting with experienced criminal defense lawyers. To make an appointment at Brickfield & Donahue, call 201-258-3984 or contact us online