Speaking of which, can someone please tell me why the FBI won’t pick up the low hanging fruit that is now lying on the ground and arrest and try Casey Serin for mortgage fraud?
1. He admits to lying on the loans.
2. It is over a million dollars. Actually over $2 million.
3. It covers four different States.
Granted a million is going to be small potatoes, but this is a single guy, running his mouth everywhere.
IMHO, a nice fat Perp walk on the nightly news of real estate mogul Casey will do the RE industry and specuflippers a lot of good to give them a much needed reality check.
Kind of put a check on the inflated appraisals, raise some eyebrows at the cash back deals, let buyers know that loan-lying really isn’t accepted, etc.
