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Loan Modification

: Loan Modification & Home Loan News

Mortgage fraudsters find new schemes

By Moe Bedard

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Lenders have tightened the rules, but crooks are finding new ways to steal, including identity theft. The end of the real estate boom hasn’t ended one unpleasant byproduct: mortgage fraud. Attempts by lenders to tighten standards haven’t ended fraud, but just forced crooks to find new schemes. “There were plenty of opportunities for fraud on [...]

Full post as published by Loan Modification & Home Loan News on August 25, 2010 (boomark / email).

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