RANCHO SANTA FE
6030 El Tordo, Suite A
Rancho Santa Fe, CA 92067
Mail: PO Box 673
Rancho Santa Fe, CA 92067
What Constitutes Mortgage Loan Fraud? The FBI defines mortgage fraud as "any material misstatement, misrepresentation or omission relied upon by an underwriter or lender to fund, purchase or insure a loan."
Bank fraud is the use of fraudulent means to
obtain money, assets, or other property owned or held by a financial
institution, or to obtain money from depositors by fraudulently representing to
be a bank or financial institution.[1] In many instances, bank fraud is a
criminal offense. While the specific elements of a particular banking fraud law
vary between jurisdictions, the term bank fraud applies to actions that employ a
scheme or artifice, as opposed to bank robbery or theft. For this reason, bank
fraud is sometimes considered a white-collar crime. wikipedia.com
How Can a Loan Fraud Expert Benefit Your Organization?
Corporate Mortgage Advisors (CMA) is a privately-owned, full service financial consulting firm that has just celebrated its 15th year in business. CMA specializes in analyzing white collar crimes linked to banks, mortgage lenders, and real estate firms. Collectively, the firm has analyzed and underwritten in excess of 6,000 real estate related transactions.In the past 5 years, CMA has received and analyzed approximately 1 million pages of civil and criminal case discovery linked to some of the nation's most well known fraud cases.
CMA's Principal Expert Witness and President is Curt Novy, a veteran lending executive with 25+ years experience. Mr. Novy employs a team of respected professionals who are highly skilled in mortgage fraud analysis, forensics, and document examination. CMA provides mortgage fraud news and industry updates on its financial news website, www.MortgageFraudNews.com.
Confidentiality and reliable service is why CMA has been retained as an expert witness or consultant by 150 clients in just the past 5 years. Our firm has been featured in the Wall Street Journal as a fast growing company that is hiring well qualified underwriting personnel when many financial firms are downsizing or closing their doors.
Forensic Analysis of Mortgage and Real Estate Fraud Cases
Expert Witness Testimony-Depositions and Trial Testimony
Court Certified Expert
Grand Jury Testimony to State and Federal Courts
Litigation Support and Case Studies Database
Development of Case Exhibits and Trial Strategies
Curt Novy - Loan and Mortgage Fraud Expert
As the mortgage meltdown and financial crisis of 2007-2008 began to unfold, Mr. Novy was instrumental in identifying and documenting lax lending standards, complex fraud schemes, and steps necessary to reduce the impact of likely loan defaults and foreclosures.
CMA quickly realized that a specialized fraud investigation unit would be necessary to train investigators to prepare for an onslaught of mortgage fraud investigations. In 2007, CMA formed the nation's first private Mortgage Fraud Task Force to assist investigators and prosecutors in understanding the new concept of mortgage fraud that would dominate governmental investigations and prosecutions for several years to come.
Today, CMA remains a leading expert witness firm in mortgage and real estate fraud examination and regularly provides articles on detecting fraud and identifying new fraud schemes. CMA is expanding its services to include other white collar crimes, such as elder abuse, ponzi schemes, and embezzlement. Look for news announcements to be posted soon.
What's New for 2012?
FAST TRACK Mortgage Portfolio Analysis Program
Based on strong client demand, CMA is now offering a special FAST TRACK program to quickly and cost efficiently review small or large portfolios of performing and non performing assets. This new program is ideal for banks or lenders who are facing an upcoming audit or need help defending buy-back claims.
Mortgage Underwriting and Fraud Auditor Placement Service
Our conventional and government underwriters and auditors are available for short term or long term assignments nationwide at competitive prices. All team members are screened to meet our high standards to reflect our commitment to professionalism. Generally, a minimum of 10 years mortgage experience is required but our average professional has in excess of 20 years experience, or more.
Mortgage Rating Service New service to analyze non-bank, private mortgages for loan quality and risk management. Useful tool for investors who offer private or hard money type loans to individuals. A comprehensive report is issued to assess overall risk and borrower ability to repay debt.
Mortgage Portfolio Risk Management
Offering review of bank or lender loan portfolios to assess credit risk and identify wide spread fraud. Ability to quickly analyze hundreds or thousands of loan files to document weak lending practices and mortgage fraud.
Confidential Governmental Services Unit
Consulting services geared toward highly sensitive investigations that may involve such areas as prosecutorial misconduct, real estate transactions involving law enforcement, and political corruption.
Sentencing Mitigation Services and Lender Loss Analysis
CMA has built an extensive proprietary database of information documenting participants in fraud schemes nationwide; research and analysis of Sub-Prime lenders, Wall Street securitization performance records, and lender rate sheets, and underwriting guidelines. This information is crucial in civil and criminal litigation.
Note: Curt Novy and his team of industry professionals includes CPA's, forensic examiners, financial services experts, investigators, and more, who are experienced in financial, mortgage loans, and real estate matters. Mr. Novy is not a licensed private investigator and when necessary, and appropriate, some investigative responsibilities outside the scope of our expertise or legal abilities are contracted to licensed private investigators, as well as, former federal and state agents or law enforcement officers.
All Rights Reserved - LoanFraudExpert.com Copyright 2012
Corporate Mortgage Advisors (CMA) is a privately-owned, full service financial consulting firm that has just celebrated its 15th year in business. CMA specializes in analyzing white collar crimes linked to banks, mortgage lenders, and real estate firms. Collectively, the firm has analyzed and underwritten in excess of 6,000 real estate related transactions. In the past 5 years, CMA has received and analyzed approximately 1 million pages of civil and criminal case discovery linked to some of the nation's most well known fraud cases. 
As the mortgage meltdown and financial crisis of 2007-2008 began to unfold, Mr. Novy was instrumental in identifying and documenting lax lending standards, complex fraud schemes, and steps necessary to reduce the impact of likely loan defaults and foreclosures. 
