FBI 2007 Mortgage Fraud Report Highlights

Posted by Guy Johnson on June 2, 2008 | Comments (0) | Trackbacks (0)

The Federal Bureau of Investigation (FBI) recently released its 2007 Mortgage Fraud Report. The report documents several schemes that have emerged as the rise in foreclosures, depressed housing prices, and decreased demand have placed pressure on lenders, builders, and home sellers. Schemes for 2007 included builder-bailouts, seller assistance, short sales, foreclosure rescue, and identity thefts [...]