lender fraud

[gqsbabygirl]

someone i know and a friend of his who was a realtor bought 3 house by lying on the loan app by sayin that the buyer worked for her husband (the realtor) making way more $ then he did. the mortgage broker was a friend of the realtor. they were all n it together. of course the houses couldnt be paid for because the buyer wasnt making the amount of $ he claimed. they split 3 way what the realtor and the mortgage broker got as their part. how can i go about reporting this and whats the penalties? it happened in california also?

[kira000]

Hi, This is a UK site, so i'm afraid it is unlikely anyone here can advise you on US law. Sorry!

[Buenchico]

As Kira000 states, there won't be many people around here who can help you directly. (The word 'realtor' doesn't even feature in British English!).

However I'm happy to point you in the direction of people who might be able to advise you. Try these US-based sites:

http://answers.yahoo.com/

http://www.answerbag.com/

Chris