Do you think an agent, particularly whose client is just a bank, would lie and risk going to jail for fraud so they can make an extra $100? 

Looks like there are a bunch of identical properties right there.

So a broker buying a house without representation is charged identically to a non broker who is represented by a buyer’s agent?

I used to have a couple of identical looking locks and would just switch the lock and rotate them as tenants moved out. 

Idem sonans is a legal doctrine whereby a person's identity is presumed known despite the misspelling of his or her name.

The Missouri Supreme Court in Ethridge apparently stated that for equitable subrogation to apply, the party against whom the doctrine would be applied (USAA in this case) must have "engaged in fraudulent conduct or committed acts bordering on fraud that created the condition that caused the lender a loss." 226 S.W.3d at 134. 

Additionally, you have felony issues with this grifter in that not vacating the property under the terms he applied his signature to, makes a case for fraud, conversion of property and so on.

Your mortgage broker is encouraging loan fraud and I'm super tired of hearing this from my clients.Your rental takes what it takes to run. 

Hangs upClearly identity theft in action.

So, you either had to come up with $21K or $49K.Either way, there's a new loan product out there that will enable you to do an identical project for as little as 10% down on the acquisition and 100% finance the reno costs.