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Reports of mortgage fraud spike
Mortgage News
The deeper the banks go to uncover faulty or fraudulent mortgage transactions conducted during the housing boom, the uglier it gets. Accounts of mortgage fraud skyrocketed by 88 percent in the second quarter of this year, according to a report from the Financial Crimes Enforcement Network of the Treasury Department, the agency in charge of
Source: Bankrate.com » Mortgages
There are some people who ruin it for everyone. I just do not understand why you would want to be a part of fraud. You are eventually going to get caught!
International Level: Politics 101 / Political Participation: 0 0%
Man sent to prison for real estate scam
A man who pleaded guilty to felony charges stemming from a massive foreclosure scam that prosecutors said defrauded Southern California homeowners out of millions was sentenced Tuesday to 12 years in prison. Ref. Source 9