With the state of the housing market today, more and more Americans are falling victim to mortgage loan fraud, or predatory mortgage lending. This is when a broker, appraiser, or bank intentionally misleads a home buyer into a bad loan to make a profit. Predatory mortgage lending is illegal and can cause financial hardship, resulting in foreclosure, bankruptcy, and damaged credit. There are certain identifiable warning signs of a bad loan. If the lender encourages you to provide false information about your income, expenses, or cash flow, the lender may be trying to secure a loan you don’t actually qualify for. If you’re asked to leave signature lines blank or pressured to accept loans such as balloon loans or interest-only payments, or prepayment penalties, you might want to look for another lender. If you feel you have been victimized by predatory mortgage lending, contact an experienced real estate attorney in your area to discuss your specific claim.