Some Of The Mortgage Order Mills (MOMs) Will Lie To You To Make More Money … Much Like Dr. Farid Fata Lied
Read how Dr. Fata poisoned hundreds of patients intentionally through unnecessary treatment and raked in more than $17 million from fraudulent billings. He was sentenced to 45 years in prison. He would tell patients that that had cancer when they did not have cancer so that he pump them full of chemo and make more money. It was all about him making more money.
I have heard of cases where Mortgage Order Mills (MOMs) have told $3 mortgage inspectors that a house that they said was occupied was really vacant. The water pipes froze, split and caused thousands of dollars in water damage which they were expected to pay because they made a mistake. The amount of water damage claimed was under the insurance deductible … they had a copy the inspector’s insurance policy. There were no split pipes … there was no damage. It was a MOM scam to make money at the expense of the mortgage inspector.
The mortgage segment is the home of 99.5% of the fraud, greed and corruption the industry.