Property flipping is a form of mortgage fraud where the lender is the victim.

Question

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Property flipping involves buying and quickly reselling a property for a higher price, often with the intention of defrauding the lender by providing false information about the property's value or condition. The lender is ultimately the victim of this type of mortgage fraud, as they may be left with a loan that is higher than the value of the property.

Property Flipping Is a Form of Mortgage Fraud Where the Lender