Business · Companies · 2 days ago

Brokers arranged a €650,000 ING mortgage for minimum-wage buyer

Brokers arranged a €650,000 ING mortgage for minimum-wage buyer

A Kifid case shows how brokers helped a minimum-wage buyer get a €650,000 mortgage from ING.

The brokers received a very large fee.

Research published this week estimated that there are about 1,200 to 2,100 mortgage fraud cases each year.

The case illustrates one way mortgage fraud can happen.

Sources

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