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Real Estate & Property Law

: Housing Wire

Senate Earmarks $490 Million to Fight Fraud

By DIANA GOLOBAY

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The US Senate on Tuesday voted 92-4 in favor of Senate bill 386, called the Fraud Enforcement and Recovery Act, which provides $490m over the next two fiscal years for mortgage fraud investigation. The legislation allows $75m in fiscal year 2010 and $65m in fiscal year 2011 for the FBI to use its resources to go [...]

Full post as published by Housing Wire on April 29, 2009 (boomark / email).

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