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- Title
An Insight into the World of Mortgage Fraud in the US and UK.
- Authors
Houlbrook, Beverley
- Abstract
The article discusses mortgage fraud in the U.S. and Great Britain. It describes the types of mortgage fraud including fraud for housing and fraud for profit. It discusses buy-to-let (BTL) mortgages, a market segment that has grown over the last 10 years, representing 10.7% of Great Britain's mortgage market. It states that the Council of Mortgage Lenders commissioned a study suggesting that there were more than 8,000 products available to credit-impaired applicants in July 2007.
- Subjects
UNITED Kingdom; FRAUD; MORTGAGES; HOUSING market; GREAT Britain. Council of Mortgage Lenders
- Publication
Housing Finance International, 2011, Vol 25, Issue 3, p34
- ISSN
1534-8784
- Publication type
Article