FBI, Mortgage Bankers Association Working Together To Combat Mortgage Fraud

The FBI, with the cooperation of the Mortgage Bankers Association (MBA), has issued to MBA members an advisory recently covering a number of points designed to combat mortgage fraud. The details of the advisory are aimed at both lenders and consumers who are contemplating engaging in fraudulent real estate transactions and provides consumers suggestions to avoid getting lured into a scam. To read more, see How Not To Become A Mortgage Fraud Statistic, reported by Realty Times.
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