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Loan Modification

: Flipping Frenzy

FBI Issues 2009 Mortgage Fraud Report

By Ralph Roberts

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According to the Federal Bureau of Investigation?s 2009 Mortgage Fraud Report, released today, mortgage fraud suspicious activity reports referred to law enforcement increased 5 percent to 67,190 during fiscal year (FY) 2009. The total dollar loss attributed to mortgage fraud is unknown. It?s estimated that $14 billion in fraudulent loans originated in 2009. ?Mortgage fraud is [...]

Full post as published by Flipping Frenzy on June 18, 2010 (boomark / email).

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