A mortgage fraud defense attorney is your best line of defense in the event that you are accused of bank fraud. This type of attorney is going to help you fight back and prevent your mortgage fraud from getting found out. This type of lawyer knows the system and how to use it to your advantage so that your day in court does not end in a loss. Fraudulent activities can take place anywhere in your mortgage life. It could be with your agent, your appraisers, loan officers, home builders, contractors, lenders, or even your own employees. There may be appraisers in your industry who are crooked and purposely trying to keep their rates down so they will stay in business. There may also be contractors who have not done the job correctly and are just trying to get paid. If you have been cheated by some in the industry then you may need to find legal representation to fight back. The first thing a mortgage fraud defense attorney will do is he will review the case file and take care of any legal issues that may arise. These may include a legal notice that has gone out to all the other mortgage lenders or an official complaint with the Attorney's Association. From there the attorney will gather evidence and conduct his investigation. In some instances a legal action can even be filed against the false appraisers and contractors. If you want to know more about this topic, then click here: mndefenselawyer.com/practice-areas/mortgage-fraud. After the investigation has been conducted the attorney will present the case to the prosecuting attorney. If the prosecution declines to pursue the case then the lawyer will offer to drop the fraud charge. This is when the real estate industry professionals will negotiate a plea bargain. They will admit to the federal crimes and pay fines. This is also the point where the mortgage fraud defense attorney will suggest to his client to take a plea bargain and try to get some type of leniency on their sentence. This will often work in the interests of the federal laws and the government but not always. Some attorneys and judges will decline to take plea bargain deals because they believe the guilty person has not suffered enough from their criminal acts. There are cases where this happens. In most cases, however, the attorneys will try and prove that their clients did not suffer any negative consequences from the crimes. This is what will make a difference in the final sentencing for the criminal charges. Contact this attorney for more details on the above topic today. It is very rare for someone who has been charged with committing a federal crime such as mortgage fraud to be sentenced to jail time in a federal prison. Most people who have committed these crimes get probation is usually for a year. However, there have been cases in which the charges were upgraded to life imprisonment. This can mean spending the next 30 years in prison if convicted. If this happens a person would be unlikely to be eligible for a loan modification program under the current federal housing secretary. Here is more information on this topic: https://en.wikipedia.org/wiki/Law_firm.
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