Loan Lies = Federal Offense: PSA: That foreclosure workaround you've been... - NBC Bay Area

Loan Lies = Federal Offense: PSA: That foreclosure workaround you've been...

    processing...

    NEWSLETTERS

    PSA: That foreclosure workaround you've been plotting for some time now is a decidedly bad call. (One house is on the verge of foreclosure. Why not by a second and walk away from the first?) It turns out that lying on a mortgage application is, in fact, a Federal offense punishable by jail time and whatever else the Feds dream up. Back to the drawing board. [SF Gate]

    For more stories from Curbed SF, go to sf.curbed.com.