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Loan Modification

: Loan Modification & Home Loan News

Florida led nation in mortgage fraud, federal commission says

By Moe Bedard

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A panel of national and local experts sat before the federal Financial Crisis Inquiry Commission during a hearing focused on liar’s loans, predatory mortgage practices and shady home appraisals. They concluded that the financial impact of the fraud was more severe than most have estimated, and prosecuting those responsible will be nearly impossible. It was [...]

Full post as published by Loan Modification & Home Loan News on September 22, 2010 (boomark / email).

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