fraudulent mortgage discharge Jamaica

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Fraudulent Mortgage Discharges and Equity Stripping in Jamaica: How Homeowners Lose Their Security

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Fraudulent mortgage discharges — where a mortgage registered against a property is falsely represented as repaid and removed from the title — have allowed bad actors to raise new financing against properties that were already encumbered. This report examines equity stripping schemes, the registration process for mortgage discharges, and what homeowners and lenders can do to detect and prevent this fraud.