Have you been charged with mortgage fraud? If so, you need an aggressive criminal defense attorney on your side to defend your rights!
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The Law Office of William Spade:
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Mortgage Fraud Defined
Mortgage fraud is a white collar crime in which the intent is to distort or omit data on a mortgage loan to obtain a loan or to obtain a larger loan than would have been approved had the lender or borrower known the truth.
Who Can be Charged?
Fraud can occur at any level by any person. It could be the borrower, loan officer, real estate agent, appraiser, a title company or many parties. Millions of ill-informed people have fallen victim to fraudulent mortgages. Mortgage fraud can occur when people are put into a home loan to which they cannot afford. This could result in foreclosure or ruin. Borrowers are not the only victims. Sometimes, they were not backed with credit-worthy investors, and were approved under poor underwriting methods. Our firm has two decades of tenure defending these cases. Let us help!
Sometimes, mortgage brokers and loan officers are falsely accused of mortgage fraud. If you have been accused by the Feds in Philadelphia, it is vital to retain a bold defense lawyer. Often these charges are a surprise to those being charged. Other times, the person is aware they are being probed and targeted. Either way, our seasoned attorney knows has what it takes to dismiss or lessen charges. We make every effort to safeguard your best interest every step of the way!
A Skilled Philadelphia Criminal Defense Attorney
In the past decade, mortgage fraud cases have been on the rise. As a result, these crimes are often sought by a task force to be brought to justice. As a former prosecutor in Philadelphia, our lawyer knows how to provide a sound defense in response to the prosecutors’ tactics and point of view.
Mortgage fraud has severe penalties that are outlined in the Federal Sentencing Guidelines. The penalty of the charges are often defined by the amount of loss. Besides prison time, you may also have to pay restitution and other fines. Prosecutors will use many tactics to inflate the loss in these federal cases. Our lawyer is well versed at the state and federal level on handling these crimes. During your free consult, we will review all of the details of your case. We will build a solid defense from the bottom up and attack from every angle. We will work within the guidelines of the legal system to provide you with a detailed and thorough defense. We will keep you abreast every step of the way. The sooner you retain counsel, the better.
Are you a loan office falsely accused?
We can help
At the Law Office of William Spade, our mortgage fraud defense attorney in Philadelphia will fight for your rights.