The federal government doesn't like fraudulent behavior.

If it turns out he gave false information, that should be a reason to deny because you offered the lease under fraudulent circumstances.  

The lender is now speculating that the husband (fraudulently) entered a new joint obligation with Diana in order to pay this previous mortgage off.

Obviously, it would be nice to deduct as much as possible without being fraudulent. 

However, there are certain things you can do to combat this.1.  

Was your lien fraudulently released earlier?

My only hesitation is that I’m afraid it may be considered a fraudulent conveyance.

The responses within - even the strangely combative ones - reveal the various types of people on BP and will hopefully help you develop your own personal filter.

Laurel, Cherry Hill, Haddonfield).A second topic I would appreciate some advice on, is how to best combat student loan debt when attempting to enter the real estate industry.

If that's the case you are borrowing 100% on the properties which is very risky C) It seems like you may be at least giving the impression that you're not borrowing these original 3 low down-payment government funds in a very honorable or possibly even fraudulent manner if your intent is to start a business.