Mortgage Fraud – Buyer Asks Seller to Not Record Second Mortgage

Annie’s Mailbag: Legal Hotline Letters – Episode 19

Question from the mailbag:

“Seller is agreeing to do a second mortgage on a sale. Buyer has asked the Seller not to record the second for 6 months to allow the first mortgage company time to sell off the paper on the secondary market. If Seller complies, is Seller participating in Mortgage Fraud?”

Watch the question in your office and then watch to find out Annie’s answer.
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