Facing federal mortgage fraud charges?
Mortgage fraud is defined as intentionally misrepresenting or omitting information in any way related to the purchase, funding or insuring of a mortgage loan. It may be committed by an applicant, lender or other interested party and may be carried out in various ways for monetary or property-related gain, including lying about income in order to obtain a higher loan amount, "flipping" properties by working with realtors or appraisers in order to sell a property at an inflated value, lying about occupancy in order to get a better interest rate, and finally, failing to disclose all required information, such as a silent second mortgage.
There are many other ways mortgage fraud can be committed, and if you have made any suspicious missteps federal prosecutors will find them and use them against you. Mortgage fraud is seriously frowned upon, and if you are being charged at the federal level, you need to understand that your circumstances may be dire. Federal judges and prosecutors will relentlessly pursue legal action against you, and try to ensure that you will be severely punished if you are convicted. Contact our firm today if facing federal charges.
Mortgage Fraud Lawyer Serving New York City
When facing federal mortgage fraud charges, like with any federal crime, you need to understand how very serious this is. Federal prosecutors have a wealth of resources available to them, and if you are convicted, you will be facing much harsher penalties than if you are tried in a state court. The federal sentencing guidelines allow for stricter punishments and lengthier prison sentences. At Perez and Cedeño, P.C., we have year of experience helping numerous clients fight their federal crimes charges, whether they are mortgage fraud,
federal drug charges, and more. We understand the seriousness and complexities of your case, and will fight to give you the best defense possible for your charges.