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Warning on mortgage broker deception – Major fraud squad detectives have warned mortgage brokers and loan applicants they can face fraud charges if they provide false financial information on loan applications. Police recently investigated.
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Tesco and Which? to stop offering mortgages – is planning to close its mortgage broker arm. Challengers withdrawing from the market. while this month the number stood at 1,518. West Bromwich building society is offering up to £1,500 cashback.
Mortgage Broker Admits To Defrauding M&T, UBS, Other Lenders On 20 Multifamily Properties – Among the lenders who offered loans based on false information were M&T Bank, UBS, Berkadia Commercial Mortgage and Arbor Commercial Mortgage. Such loans are frequently packaged into commercial.
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