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Foreclosure Defense Florida

Foreclosure Victims Beware- Federal Agents ARE COMING AFTER YOU!

The feds will not go after any of the masterminds of this ongoing financial crime spree.   They will not go after any of the elected or appointed officials. They will not go after any of the banksters or forgers or ringleaders.

BUT THE FEDS WILL COME AFTER AND PROSECUTE AMERICAN TAXPAYERS WHO DEFAULT ON THEIR MORTGAGES!

“We are working with Fannie and Freddie to build a mechanism” to identify strategic defaulters, Wolfe said at a recent mortgage industry conference. So if you walked away from one property and bought another, chances are fairly good that the OIG is going to find you.
If you conveniently left off the fact that you have an outstanding mortgage you failed to pay, or that you have a deficiency judgment against you for the difference between what you owe and what the house sold for at foreclosure, you’ve committed mortgage fraud.
“Debts that haven’t been repaid don’t just go away,” said a Treasury Department official who asked not to be named. “It doesn’t matter whether it’s on your credit report or not.”
If there is any indication that you falsified information on your new loan application, the OIG is “absolutely” going to refer you for criminal prosecution, Wolfe said. “We’re not just going to demand repayment,” he said.

“We’re going to lock (people) up.”

FORECLOSURE FRAUD