Mortgage Fraud Defense in Florida

Mortgage fraud is a term used to describe a broad variety of criminal actions where the intent is to materially misrepresent or omit information on a mortgage loan application in order to obtain a loan or to obtain a larger loan than would have been obtained had the lender known the truth.

Miami Mortgage fraud Defense is a large and growing problem and warrants significant attention. The mortgage lending industry has lost billions of dollars as a result of mortgage fraud, and the sum is believed to have risen steadily in recent years. Though the lender is the direct victim of mortgage fraud, fraud harms honest homeowners and home buyers as well, through increased housing costs. It appears that one of the geographic areas that is being scrutinized by law enforcement for mortgage fraud is South Florida and in particular Miami. As a result the United States Government and the State of Florida are currently taking steps to more effectively and efficiently enforce laws and prosecute those involved in mortgage fraud.

For example In federal courts, mortgage fraud is prosecuted as wire fraud (providing false information by e-mail of facsimile), bank fraud (obtaining a loan through false representations), mail fraud (sending a false application by mail) and money laundering (obtaining money from a loan that was obtained by another through false representations. These crimes carry penalties of up to thirty years imprisonment. Not only may one lose his or her liberty, but it may also result in the loss of personal property and real property through forfeiture laws, the loss of one’s professional license as a result of the administrative laws (i.e.: mortgage broker’s license) as well as being civilly liable for a money judgment.

The problem is that in many instances the accused may not even realize he or she has committed a crime involving mortgage fraud until they are the ones that are being investigated. It is at this time that it is crucial for that individual or company to seek representation by experienced and skilled criminal defense lawyers who will protect their rights.

The Law Offices of Richard B. Marx & Associates is a law firm that has the experience and skilled legal counsel to insure that you are properly represented every step of the process. From the moment the individual or entity is contacted by any federal, state or local official the Law Offices of Richard B. Marx & Associates will provide professional, diligent, competent and aggressive representation. With over 40 years of experience and numerous trials in the Federal, State and Administrative Courts, Richard B. Marx, Esq. has represented mortgage companies, mortgage brokers, real estate brokers, appraisers, title agents, lawyers, and civilians that have been accused of one form or another of mortgage fraud. The Law Offices of Richard B. Marx & Associates believes that a proactive defense is sometimes the best defense. Our experience has proven that there is no substitute for early intervention, which gives our clients a head-start on the prosecution. Therefore if you think you may the subject of a mortgage fraud investigation, of you are presently being investigated for mortgage fraud, now is the time to act.

Contact us so that we may discuss your unique set of circumstances in a completely confidential setting and then explain how we can assist you by providing the same professional, diligent, competent and aggressive representation in order to obtain the best possible results just as we have for our previous clients for the past 40 years.