They are not all unlawful and/or unethical but I would says these are pretty commonplace practices throughout the industry unfortunately - at least the blatant lying. I won't name names but I've seen brokers try to fund dead people, ACH money out of a merchant's account and pocket it (telling the merchant that they will make a payment on their behalf), alter documents (badly), pretend to be landlords, the list goes on. Granted some of the merchants aren't too bright but some of these brokers are predatory - they take obscene amounts in fees from people who are already dead broke. loan-shark.jpg