Do you know the difference between a grand jury and a trial jury? Although these two judicial bodies may share the same general name, there is a significant difference between the two.
Did you know that even a small "white lie" on your mortgage application could lead to very serious criminal consequences? Experts say that even seemingly innocuous untruths on loan applications can constitute mortgage fraud, a major crime that can lead to long-term problems. This so-called "creative financing" could force you to immediately pay the full balance of your loan, face massive fines and even spend time behind bars. Today, we help you learn a little more about what, exactly, constitutes mortgage fraud.