In sentencing for obtaining financial advantage by deception involving mortgage fraud, the financial vulnerability of purchasers who entered into 'Rent-to-Own' arrangements and whose loan applications were facilitated by fraudulent circumvention of bank valuation requirements is relevant to the gravity of the offending and the risk to which the lending institution was exposed. A sentencing judge may characterise the motivation of a wealthy offender who engaged in such conduct without financial need as greed, and this is relevant to moral culpability.
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