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How to Commit Mortgage Fraud: A Cautionary Tale
Manage episode 492074398 series 3384351
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How does mortgage fraud even work? And how did these risky real estate schemes help fuel the 2008 mortgage meltdown?
Tune in to this special crossover episode of the Appraisal Buzzcast and Sound of Pursuit podcast to hear a gripping morality play about greed, speculation, and the dangerous allure of easy credit. Our guest is a Utah mom who lost herself in a tangled Ponzi-style real estate scheme involving hard money loans based on inflated appraisals. She ended up underwater, scrambling to keep up with ballooning debt, and under federal investigation as the 2008 mortgage crisis loomed.
Hear Portia share her raw, powerful story of committing fraud, going to prison, rebuilding her life, and educating others. Find out more at https://portialouder.com/
At The Appraisal Buzzcast, we host weekly episodes with leaders and experts in the appraisal industry about current events and relevant topics in our field. Subscribe and turn on notifications to catch our episode premieres every Wednesday!
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