Loan broker fraud may occur in a variety of circumstances, ranging from relatively simple misrepresentations to complex money-making schemes involving multiple players. One of the most common loan broker fraud scenarios involves illegal property flipping. For instance, a property flipper may purchase a property for a relatively low amount of money, and then obtain a fraudulent appraisal valuing the property at a much higher price. The property flipper then sells the property to a straw (false) buyer, who then obtains a mortgage loan based on the inflated appraisal value, in many circumstances in cooperation with a loan broker, with the original flipper pocketing most or all of the profit. Typically, the straw buyer has no intentions of living in the home, and thus, the house ends up in foreclosure, thus resulting in a net loss to the lending institution. Plus, as mortgage lenders and brokers are often paid on commission, the temptation may be to push through such schemes with little or no questions, in an effort to keep commissions rolling in.