Mortgage Fraud
Mortgage Daily.com – http://www.fraudblogger.com/
Mortgage Fraud Blog – http://www.mortgagefraudblog.com/
Choose two different cases, incidents, etc. and discuss them with the class. Discuss the similarities and differences in these cases, incidents, etc.
Please respond to at least two of your classmates’ posts.
- Should you do as the client requests and omit including information about the pass-through way on the deed?
- If you do so and that information should have been included, what paralegal ethical responsibility rules might you be violating?
- What professional responsibility rules might your attorney be charged with violating by presenting the deed without such information?
Post your answers on the Discussion Board. Remember to respond to at least two other students’ comments.
Read Morrow v. Shotwell, 477 SW 2d 538 (1972) here. In light of that opinion and your text assignments, analyze this fact setting.
Buyer offers to buy a single family dwelling from Developer. The actual residence is located on lot 9 Block C, in Hollyoak a subdivision in Big City, Texas. Developer’s clerk mistakenly enters the description as Lot 8, Block C on all documents relating to this sale. The error is discovered when Buyer begins to move in and find the house is occupied by a subsequent purchaser. The house located on Lot 8 is totally unsatisfactory to buyer’s wife. Does buyer have a remedy? What advice would you offer to buyer? If you represent contractor, what would you advise him?
Post your answers on the Discussion Board. Remember to respond to at least two other students’ comments.
…………..Answer preview…………….The two selected cases are Advance Fee Loan Scams on the Rise and 2 Indicted for Advanced Fee Loan Scheme………………..