Who Uses Mortgage Fraud Investigator Firms in Washington DC

Mortgage Fraud Investigator Firms in Washington DC offer a number of services for different groups. These investigators can work for a mortgage company, independently in law firms, in a CPA firm or directly for the government. Typically, investigators don’t simply specialize in the mortgage arena. They may also investigate hedge fund fraud, insurance fraud, securities fraud or any other fraud that might garner federal attention.

There are typically three groups that might work with Mortgage Fraud Investigator Firms in Washington DC. These include, lenders, borrows or the federal government. In some cases, an investigative firm might take an interest in potential fraud and do an investigation without being directly hired by one of these groups, but that the exception, rather than the rule.

Lenders

Lenders might higher a mortgage fraud investigator if they think a potential borrower is being less than honest in their mortgage application. It’s highly unlikely that they would target an individual buying a $150,000 home, but they may investigate a large corporation or an investment group that may stand to gain a lot of money if they aren’t investigated properly.

Borrowers

More borrowers today have used Mortgage Fraud Investigator Firms in Washington DC than ever before. The reason for this is the amount of mistakes being made by banks when it comes to foreclosing on a home. However, a borrower can hire an investigator if they feel the bank is using illegal practices to get a loan through, or if they aren’t being allowed to take advantage of certain government mandated services that banks are supposed to provide.

Government

The government will often use a mortgage fraud investigator when they feel a bank is making illegal loans, taking unfair advantage of borrowers or misappropriating mortgage funds. While the government does have their own investigation team, they often work with contractors to help fill the growing need for certain investigations.

It is never recommended that you approach a company, individual or bank prior to starting an investigation. Doing so could cause the suspected party to start shredding documents and hide potential evidence. Instead, go straight to Jeffrey D. Barsky CPA Washington DC and have him look into whatever situation you think is worth investigating.

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