Mortgage Fraud Increasing, Reports FBI
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New FBI statistics indicate a continuing increasing trend in mortgage fraud cases. Reportedly, the FBI had 938 pending mortgage-fraud investigations as of early January, compared with 818 at the end of September and 721 in September 2005. The bureau also estimates that the actual number of cases was closer to 36,000 for the year ended Sept. 30, compared with 22,000 the previous year.
To read more, see this New York Times article, appearing in The Detroit News online presence, detnews.com.
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New FBI statistics indicate a continuing increasing trend in mortgage fraud cases. Reportedly, the FBI had 938 pending mortgage-fraud investigations as of early January, compared with 818 at the end of September and 721 in September 2005. The bureau also estimates that the actual number of cases was closer to 36,000 for the year ended Sept. 30, compared with 22,000 the previous year.
To read more, see this New York Times article, appearing in The Detroit News online presence, detnews.com.
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posted by Home Equity Theft Reporter at 6:23 AM
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