Allegations of mortgage fraud have increased with major fluctuations in the housing market. In today's downturned economy in New York and Manhattan, allegations of mortgage fraud are more widespread. The complex nature of mortgage fraud can involve numerous factions, industry insiders, shell companies and straw borrowers. Mortgage fraud schemes can use concealing methods, such as identity theft and corporate identity theft to override lender controls. Nishay K. Sanan, Esq., uses a tough legal approach to protect clients' rights and effectively resolve the challenging issues involved with mortgage fraud.
A Skilled New York Mortgage Fraud Lawyer
Mortgage fraud is a broad area that involves any false statement made to secure profit from a mortgage. Many schemes have surfaced from false property loans and sham sales. Victim lenders have properties foreclosed after a sham sale on an inflated value property that a business partner flips after a few sales.
Mortgage lender fraud against certain financial institutions is prohibited by federal law and mortgage fraud investigations occur nationwide. The Financial Institution Fraud Unit of the FBI examines and brings federal fraud charges for mortgage fraud matters, including:
- Accountants
- Appraisal services
- Closing agent representatives
- Loan officers
- Mortgage title companies
- Real estate agents and developers
These are serious legal matters that require experienced representation to form a strategic defense that leads to an effective resolution. Nishay K. Sanan, Esq., has an accomplished background serving as a legal advocate to protect clients' rights during complex mortgage fraud cases. He leverages his legal and financial knowledge to benefit his clients.
Manhattan Mortgage Loan Fraud Lawyer
If you are under investigation or accused of mortgage fraud in New York, contact attorney Nishay K. Sanan, Esq., at his Manhattan law office. Please call 646-461-7564 or 888-335-6504 or send an e-mail. While initial consultations are free, clients may be asked to reimburse for travel expenses.
