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Loan Modification

: Flipping Frenzy

U.S. Senate Passes Mortgage Fraud Enforcement Legislation

By Ralph Roberts

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A federal bill to improve enforcement of mortgage fraud, securities fraud, financial institution fraud, and other frauds related to federal assistance and relief programs, has been passed by the United States Senate by a majority of 84-4. Senate Bill 386 (S.386) extends the reach of federal fraud laws into mortgage lending and directs nearly $250 [...]

Full post as published by Flipping Frenzy on April 28, 2009 (boomark / email).

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