Home Flipping’s Shadowy Ties to Mortgage Fraud
Forbes, June 27, 2019–Francisco Alvarado
According to real estate research firm Attom Data Solutions, 7.2 % of all U.S. home sales during Q1 2019 were flipped homes, the highest rate in nearly a decade. But it’s a cottage industry ripe for mortgage fraud that only gets exposed when an investment goes south, legal experts say.
