What is Mortgage Fraud? Types & Examples

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

Which of the following is example of criminal enterprise types of mortgage fraud?

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1. Which government agency has a duty to investigate and respond to complaints of mortgage fraud?

2. Which of the following reasons explains why a buyer would commit occupancy fraud?

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About This Quiz & Worksheet

Quickly test your understanding of the different types of mortgage fraud using this quiz and worksheet. You will be asked about consumer fraud as well as criminal organizations.

Quiz & Worksheet Goals

In this set of questions you'll measure your understanding of concepts like:

  • What criminal enterprises could include mortgage fraud
  • What federal agency investigates mortgage fraud
  • Why a buyer would want to commit occupancy fraud

Skills Practiced

  • Reading comprehension - ensure that you draw the most important information from the lesson, such as why an honest home buyer might be tempted to lie about income
  • Defining key concepts - ensure that you can accurately define main phrases, such as what a straw buyer is
  • Knowledge application - use your knowledge to answer questions about different criminal acts related to mortgage fraud

Additional Learning

Want to know more about this set of crimes? Review the lesson titled What is Mortgage Fraud? Types & Examples for a deeper understanding of:

  • What professionals could assist in a criminal enterprises use of mortgage fraud
  • What states do to protect consumers from mortgage fraud
  • How professional organizations work to keep mortgage fraud from happening
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