18 U.S.C. § 1344 – Bank Fraud
Bank fraud ranges from relatively non-complex theft or embezzlement of money by a bank employee to a more complex scheme to defraud based upon false statements, such as the over valuation of property, or false loan applications and misuses of loaned money.
FBI has a mortgage fraud division.
Mortgage fraud is $5,000 and 5 years in the slam. I have known a few people who actually went to prison.
Fraudulent conveyance, anyone?