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Loan Modification

: Flipping Frenzy

Mortgage fraud reports up 7.5 percent, US agency says

By Ralph Roberts

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Suspicious activity reports filed in the third quarter of 2009 showed a 7.5 percent increase in possible mortgage loan fraud over a year earlier, the Financial Crimes Enforcement Network (FinCEN) reported on Thursday. Forty-two percent of the reported activity took place in California and Florida, while the greater Miami, Los Angeles and New York [...]

Full post as published by Flipping Frenzy on February 21, 2010 (boomark / email).

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