Straw borrower

id: straw-borrower-299-4130789
title: Straw borrower
text: A straw borrower is a United States term for an individual whose name, social security number, and credit history are used to hide the identity of the organizers of a for-profit mortgage fraud scheme. Straw buyers are also used in order to obtain a residential mortgage for a person who would not qualify for the loan, frequently a family member or friend. In for profit schemes, the straw buyer is usually compensated by the organizer for the use of his financial identity. While the straw borrower
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/Straw_borrower
date created:
date modified: 2021-11-30T15:57:49Z
main entity: {"identifier":"Q7622373","url":"https://www.wikidata.org/entity/Q7622373"}
image:
fields total: 13
integrity: 13

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