Broker, processors, and straw buyer all plead guilty in Florida-based fraud scheme – A co-conspirator orchestrated the scheme, in which defendant Fisher, a licensed mortgage broker. conspirators. “South Florida continues to be a hot spot for mortgage fraud,” said Special Agent in.
A mortgage broker acts as an intermediary who brokers mortgage loans on behalf of individuals or businesses. Traditionally, banks and other lending institutions have sold their own products.
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Palm Beach County total home sales and median sale prices increased year-over-year in May as more northern home buyers take advantage of ultra-low mortgage rates and Florida’s no state income tax, according to the MIAMI Association of Realtors (MIAMI) and the Multiple Listing Service (MLS) system.
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