Mortgage fraud still soaring
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2008-08-26 — cnn.com
With the housing market in turmoil and lending standards tougher than ever, you'd think that the kind of unscrupulous activity that helped plunge the industry into crisis would be a thing of the past.
You'd be wrong.
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mortgagemess at 09:35 2008-08-26 said:
OH WOW..the FBI arrested 400 people for mortgage fraud across the country..in the meantime the Miami Herald has a article out that was featured on Ml-Implode that showed in the state of Fl ALONE 4000 criminals were allowed to do mortgages...I would say 400 arrested is sad. Permalinkadd a comment | go to forum thread
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