Since you have indicated total ignorance I will rephrase in the simplest terms possible.
Your client's first fraud was bogus first mortgage builder financing. He represented to the lender that the project was sold out when he controlled 1/3 of the 'sold out' condos.
Your criminal client will need to refinance that first mortgage in June and he has not sold condos. He cannot sell HIS personal condo for $100k less. IF that builder mortgage is in good standing today it is because the criminal scum has been eating monthly mortgage payments. ($50k+ per month)
Foreclosure is what will happen to scum's project. AGAIN and in months. Prime mortgage holder will absolutely not renew. They know all about this.
Got the idea Patro?