A woman is charged with mortgage fraud activity after submitting false payroll and income information to mortgage companies on behalf of Hunstville, Alabama residents. The woman, Melneka Parker, is charged with three counts of aiding and abetting three people to lie on their mortgage applications. Her fraud made clients eligible for mortgages that they would not have been approved for without her falsifying of their applications. Additionally, she has false tax records filed and has submitted a total of $623,357 in false mortgages.

The Atlanta movers know its fraud like this that has caused such trouble to the current state of the fragile and frail real estate industry. When buyers are given mortgages that they can’t afford, they are likely to lapse payments and fall delinquent, thus continuing the cycle of foreclosure.