ACFCS Financial Crime SpecialistExam CFCS Question # 101 Topic 5 Discussion

ACFCS Financial Crime SpecialistExam CFCS Question # 101 Topic 5 Discussion

CFCS Exam Topic 5 Question 101 Discussion:
Question #: 101
Topic #: 5

A fully qualified mortgage applicant submits an offer to purchase an investment properly through the seller’s agent conditional on obtaining financing within 72 hours. The purchaser provides accurate and verifiable documentation to support the acquisition and servicing of the debt but the purchase price of the properly appears to be higher than what you would consider fair market value. You suspect that the customer is involved in a real estate investment scheme that is dependent upon an inflated properly value.


A.

The Lille attorney


B.

The sellers agent


C.

The mortgage broker


D.

The lender


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