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Loan Modification

: Flipping Frenzy

Mortgage Loan Fraud: 45% Of American Home Owners Have Been Overcharged

By Ralph Roberts

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BEND, OR- According to government studies by the Federal Deposit Insurance Company (FDIC), the General Accounting Office (GAO) and others, mortgage loan fraud and home loan errors are costing average Americans 8 to 10 billion every year. The most common home loan errors range from data entry and accounting errors to amortization and date errors. [...]

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

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