A Maryland person in 2026 produces a false verification of employment for a loan file. If created with intent to defraud and induce reliance during lending, can producing the false document constitute mortgage fraud?
Correct Answer
D) Mortgage fraud: creating or producing such a document is named
Mortgage fraud includes knowingly creating or producing a document for use during the mortgage lending process that contains a deliberate misstatement, misrepresentation or omission with the intent that it be relied on, and verifications of income or employment are within the defined term document. Other choices: creation is itself the act; verifications are listed; and confirmation by the employer is irrelevant. Source: Md. Real Prop. § 7-401(d)(2)
Why This Is the Correct Answer
Mortgage fraud includes knowingly creating or producing a document for use during the mortgage lending process that contains a deliberate misstatement, misrepresentation or omission with the intent that it be relied on, and verifications of income or employment are within the defined term document. Other choices: creation is itself the act; verifications are listed; and confirmation by the employer is irrelevant. Source: Md. Real Prop. § 7-401(d)(2)
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