Finance
An Indiana home buyer who fails to provide complete and accurate information on their loan application may be charged with:
AOnly civil liability
BMortgage fraud — a federal crime under 18 U.S.C. § 1014✓ Correct
COnly license suspension if they are a licensee
DOnly a credit score penalty
Explanation
Providing false information on a mortgage application is mortgage fraud, a federal crime that can result in substantial fines and imprisonment under federal statutes.
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