What can I do about mortgage lender that falsified documents?
This started in 2007. I have the copy of the Uniform Residential Loan Application that we were given that shows my income at $ 4,000 per month. We made an offer on a home, but then backed out when we were given the terms of the loan. They tried to give us a sub-prime loan that was interest only for two years, then it was going to bump up significantly. I knew there was no way we could afford it so we backed out. Afterwards we received another copy of the URLA in the mail. They altered my income and stated I made $ 10,900 per month. I never stated that and I never signed anything stating that. It also states that I have a $ 36,000 fishing boat and $ 45,000 worth of equipment.
The payments were $ 4,500 for 24 payments then $ 5,500 for 335 payments. 11.84% costing almost $ 2 million to by a $ 549k house.
My only concern is that the state attorney general knows about it in case they are doing something about it and this may help them.
What do you think about it?