Relevant:
- Foreclosure Expert Confirms Mortgages Pledged Multiple Times, Not Actually Securitized, Document Problem Is Really a System of "Push-Button Fraud"
- Mortgage fraud increases in 2008
- Senate Probes Banks for Meltdown Fraud
- Subprime Loans, Corporate-Style, Will Fuel Defaults
- BofA employees could face charges in US fraud case - prosecutor
2007-05-29 — prnewswire.com
"Loans with fraud are eight times more likely to default in the first year and 20 times more likely to enter foreclosure, according to one fraud expert. "
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