Housing owner occupancy fraud scheme revealed, 75% more likely to default than declared investors, likely seeking deception benefits.

There is a massive housing owner occupancy fraud scheme being unearthed and the more I review, the worst the news gets "They are 75% more likely to default on their mortgages than declared investors. And they are more likely to default than true owner-occupiers, too. This makes… pic.twitter.com/lpkup3F4ln — Darth Powell (@VladTheInflator) August 11, 2023 …

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50% of rental properties acquired with fraudulent occupancy; exit while equity remains, avoid foreclosures.

https://twitter.com/GRomePow/status/1688978516279513088 How do you have 11 Owner-Occupied rentals?!? pic.twitter.com/CqL80zEkhI — Darth Powell (@VladTheInflator) August 7, 2023 They'll never tell you the truth. It's always going to be a "soft landing." pic.twitter.com/6qLSPMAbb4 — Minsky Moment (@BP_Rising) August 8, 2023 Mortgage rates just topped 7% — The Long View (@HayekAndKeynes) August 8, 2023 MOODY'S: US BANK DOWNGRADES …

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