New Mortgage Fraud Concerns

Recently, Fannie Mae issued an alert to mortgage brokers operating in California regarding the use of false employment information by loan applicants. Specifically, Fannie Mae targeted Northern California and identified employers whose existence could not be verified by Fannie Mae on loan applications.


Shannon B. Jones, Partner sbj@sbj-law.com

Danville Office

208 W. El Pintado Road

Danville, CA 94526

Tel: 925.837.2317

San Jose Office

111 North Market Street, Suite 300

San Jose, CA 95113

Tel: 408.363.3635

Sacramento Office

8880 Cal Center Drive, Suite 400

Sacramento, CA 95825

Tel: 916.368.1000